General Dynamics (GD) Tops Q2 EPS by 2c, Raises FY EPS Guidance

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Go back to General Dynamics (GD) Tops Q2 EPS by 2c, Raises FY EPS Guidance

General Dynamics Reports Second-Quarter 2017 Results

July 26, 2017 7:30 AM EDT

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

Operating earnings up 2.8% to $1.1 billion Operating margin of 13.8%, a 60 basis-point improvement Earnings from continuing operations up 4.9% to $749 million Diluted earnings per share up 6.5% to $2.45

General Dynamics (NYSE: GD) today reported second-quarter 2017 diluted earnings per share (EPS) of $2.45 compared to $2.30 in the year-ago quarter, a 6.5 percent increase. Net earnings were $749 million, on revenue of $7.7 billion.

"General Dynamics' strong second quarter performance reflects our focus on operations and executing on our programs," said Phebe... More