General Dynamics: Q3 Earnings Snapshot
By AP News
Published - Oct 23, 2024, 07:07 AM ET
Last Updated - Dec 16, 2024, 06:05 PM EST
RESTON, Va. (AP) — RESTON, Va. (AP) — General Dynamics Corp. (GD) on Wednesday reported third-quarter profit of $930 million.
On a per-share basis, the Reston, Virginia-based company said it had net income of $3.35.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.54 per share.
The defense contractor posted revenue of $11.67 billion in the period, also missing Street forecasts. Seven analysts surveyed by Zacks expected $11.72 billion.
