General Dynamics (GD) Tops Q1 EPS by 16c

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Go back to General Dynamics (GD) Tops Q1 EPS by 16c

General Dynamics Reports First-Quarter 2017 Results

April 26, 2017 7:30 AM EDT

FALLS CHURCH, Va., April 26, 2017 /PRNewswire/ --

Diluted earnings per share from continuing operations up 19.2% to $2.48 Operating earnings up 12% to $1.04 billion Earnings from continuing operations up 16.7% to $763 million Operating margin of 13.9%, a 150 basis-point improvement

General Dynamics (NYSE: GD) today reported first-quarter 2017 earnings from continuing operations of $763 million, a 16.7 percent increase over first-quarter 2016, on revenue of $7.4 billion. Diluted earnings per share from continuing operations were $2.48 compared to $2.08 in the year-ago quarter, a 19.2 percent increase.

"General Dynamics delivered very strong first-quarter operating performance, demonstrated... More