General Dynamics (GD) Tops Q1 EPS by 18c
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General Dynamics Reports First-Quarter 2021 Financial Results
April 28, 2021 7:00 AM EDTRESTON, Va., April 28, 2021 /PRNewswire/ --Â General Dynamics (NYSE: GD) today reported first-quarter 2021 net earnings of $708 million on revenue of $9.4 billion. Diluted earnings per share (EPS) were $2.48.
Revenue grew year-over-year by 7.3% company-wide, with growth in all four segments and growth exceeding 10% in the Aerospace and Marine Systems segments. Company-wide operating margin for the quarter was 10%. Orders remained strong, with backlog up 4.5% from the year-ago quarter to a record $89.6 billion.
"Continued recovery from the pandemic coupled with our focus on operating performance yielded a strong quarter, with year-over-year earnings... More
