General Dynamics (GD) Tops Q3 EPS by 10c

General Dynamics (NYSE: GD) reported Q3 EPS of $2.48, $0.10 better than the analyst estimate of $2.38. Revenue for the quarter came in at $7.73 billion versus the consensus estimate of $7.91 billion.

General Dynamics' total backlog at the end of third-quarter 2016 was $62 billion. There was solid demand in the quarter across the company's portfolio. The estimated potential contract value, representing management's estimate of value in unfunded indefinite delivery, indefinite quantity (IDIQ) contracts and unexercised options, was $25.2 billion. Total potential contract value, the sum of all backlog components, was $87.2 billion at the end of the quarter.

For earnings history and earnings-related data on General Dynamics (GD) click here.

You May Also Be Interested In

• General Dynamics Corp. (GD) PT Raised at RBC Capital as 'Submarines and bizjets drive upside'
• Netflix gains after Ackman endorsement and AI feature launch
• Berkshire Hathaway hits 52-week high on election rally