General Dynamics (GD) Tops Q2 EPS by 3c

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Go back to General Dynamics (GD) Tops Q2 EPS by 3c

General Dynamics Reports Second-Quarter 2022 Financial Results

July 27, 2022 7:00 AM EDT

Net earnings of $766 million on revenue of $9.2 billionOperating margin 10.6%, up 20 bps year over year, 90 bps sequentiallyDiluted EPS of $2.75, up 5.4% year over yearContinued strong Gulfstream demand

RESTON, Va., July 27, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported second-quarter 2022 net earnings of $766 million on revenue of $9.2 billion. Diluted earnings per share (EPS) were $2.75, a 5.4% increase from the year-ago quarter.

"Demand in the quarter was very strong in Aerospace, with margins showing steady improvement year over year,"... More