General Dynamics (GD) Q2 Earnings Lag, Revenues Rise Y/Y
GDGeneral Dynamics(GD) ZACKS·2024-07-25 02:00

General Dynamics Corporation (GD) reported second-quarter 2024 earnings per share (EPS) of 3.26,whichmissedtheZacksConsensusEstimateof3.26, which missed the Zacks Consensus Estimate of 3.30 by 1.2%. However, the figure increased 20.7% from 2.70persharerecordedintheyear−agoquarter.Theyear−over−yearbottom−lineappreciationcanbeattributedtosalesgrowthaswellasanimprovementinoperatingearnings.TotalRevenuesRevenuesof2.70 per share recorded in the year-ago quarter.The year-over-year bottom-line appreciation can be attributed to sales growth as well as an improvement in operating earnings.Total RevenuesRevenues of 11.98 billion beat the Zacks Consensus Estimate of $11.52 billion by 3.9%. The top line also improved 18% from ...