General Dynamics' Q3 Earnings Lag Estimates, Revenues Rise Y/Y
GM(GM) ZACKS·2024-10-24 01:05
General Dynamics Corporation (GD) reported third-quarter 2024 earnings per share (EPS) of $3.35, which missed the Zacks Consensus Estimate of $3.54 by 5.4%. However, the bottom-line increased 10.2% from $3.04 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 Revenues of GDRevenues of $11.67 billion missed the Zacks Consensus Estimate of $11.72 billion by 0.4%. The top line however imp ...