General Dynamics (GD) Tops Q1 EPS by 13c

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General Dynamics Reports First-Quarter 2018 Results

April 25, 2018 7:30 AM EDT

FALLS CHURCH, Va., April 25, 2018 /PRNewswire/ --

Diluted earnings per share from continuing operations of $2.65, up 6.9% Net earnings of $799 million, up 4.7% Return on sales of 10.6% 1.3% revenue growth with particular strength in our defense businesses

General Dynamics (NYSE: GD) today reported first-quarter 2018 net earnings of $799 million, a 4.7 percent increase over first-quarter 2017, on revenue of $7.5 billion. Diluted earnings per share from continuing operations were $2.65 compared to $2.48 in the year-ago quarter, a 6.9 percent increase.

"General Dynamics delivered solid first-quarter results, with growth... More