General Dynamics (GD) Tops Q4 EPS by 6c

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Go back to General Dynamics (GD) Tops Q4 EPS by 6c

General Dynamics Reports Fourth-Quarter and Full-Year 2019 Financial Results

January 29, 2020 7:00 AM EST

RESTON, Va., Jan. 29, 2020 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported quarterly net earnings of $1 billion on $10.8 billion in revenue. Full-year earnings from continuing operations were $3.5 billion on revenue of $39.4 billion. Full-year revenue and operating earnings grew in all five segments.

Fourth-quarter's net earnings grew 12.2% over fourth-quarter 2018. On a per share basis, diluted earnings per share (EPS) were $3.51, a 14.3% increase over the year-ago quarter. For the year, diluted EPS from continuing operations were $11.98, a 6.8% increase from 2018.

"We continue to improve performance and focus on lines of... More