General Dynamics (GD) Tops Q2 EPS by 13c; Raises Outlook
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General Dynamics Reports Second-Quarter 2016 Results
July 27, 2016 7:30 AM EDTFALLS CHURCH, Va., July 27, 2016 /PRNewswire/ --
Record-setting operating performance: Operating margin of 14%, a 30 basis-point improvement Diluted earnings per share of $2.44, up 7.5% Return on sales of 9.9% Seventh consecutive quarter with operating earnings of more than one billion dollars EPS guidance increased from $9.20 to $9.70General Dynamics (NYSE: GD) today reported second-quarter 2016 diluted earnings per share of $2.44 compared to $2.27 in the year-ago quarter, a 7.5 percent increase. Net earnings were $758 million, on revenue of $7.7 billion.
"General Dynamics delivered... More
