General Dynamics (GD) Tops Q2 EPS by 13c

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Go back to General Dynamics (GD) Tops Q2 EPS by 13c

General Dynamics Reports Second-Quarter 2018 Results

July 25, 2018 7:30 AM EDT

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

Revenue up 19.7% to $9.2 billion Net earnings up 4.9% to $786 million Diluted EPS up 6.9% to $2.62, including $0.20 charge for CSRA transaction costs Robust demand drives Gulfstream to a book-to-bill greater than one-to-one

General Dynamics (NYSE: GD) today reported second-quarter 2018 net earnings of $786 million, a 4.9 percent increase over second-quarter 2017. Revenue increased by 19.7 percent to $9.2 billion due to strong defense volumes and the acquisition of CSRA. On an organic basis, the defense businesses generated a 7.1 percent revenue increase.... More