General Dynamics Q3 GAAP EPS $3.04 Beats $2.91 Estimate, Sales $10.57B Beat $10.04B Estimate
Portfolio Pulse from Benzinga Newsdesk
General Dynamics (NYSE:GD) reported Q3 earnings of $3.04 per share, beating the analyst consensus estimate of $2.91 by 4.47%. However, this is a 6.75% decrease from the same period last year. The company also reported quarterly sales of $10.57 billion, beating the analyst consensus estimate of $10.04 billion by 5.28%, and marking a 5.96% increase from the same period last year.
October 25, 2023 | 11:04 am
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General Dynamics reported better than expected Q3 earnings and sales, but earnings are down from the same period last year.
General Dynamics' Q3 earnings and sales beat analyst 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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RELEVANCE 100