General Dynamics Q2 EPS $2.70 Beats $2.56 Estimate, Sales $10.15B Beat $9.46B Estimate
Portfolio Pulse from Benzinga Newsdesk
General Dynamics (NYSE:GD) reported Q2 earnings of $2.70 per share, beating the analyst consensus estimate of $2.56 by 5.47%. However, this is a 1.82% decrease from the same period last year. The company also reported quarterly sales of $10.15 billion, beating the analyst consensus estimate of $9.46 billion by 7.32%, and marking a 10.48% increase from the same period last year.
July 26, 2023 | 11:02 am
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General Dynamics reported better than expected Q2 earnings and sales, but a decrease in earnings compared to last year.
General Dynamics reported a beat on both earnings and sales estimates, which is generally positive for the stock. However, the decrease in earnings compared to the same period last year might temper investor enthusiasm.
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