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General Dynamics: Q3 Earnings Snapshot

By AP News
Published

RESTON, Va. (AP) — RESTON, Va. (AP) — General Dynamics Corp. (GD) on Wednesday reported third-quarter profit of $836 million.

The Reston, Virginia-based company said it had net income of $3.04 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.87 per share.

The defense contractor posted revenue of $10.57 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $9.94 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GD at https://www.zacks.com/ap/GD

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