earnings
confidence high
sentiment positive
materiality 0.75
General Dynamics Q3 net earnings $860M, EPS $3.07, revenue $9.6B; backlog up 8.1%
GENERAL DYNAMICS CORP
- Net earnings $860M, diluted EPS $3.07 (up 5.9% YoY).
- Revenue $9.6B, operating margin 11.3% (up 90 bps sequentially).
- Cash from operations $1.5B, free cash flow $1.3B.
- Backlog $88.1B (+8.1% YoY); Aerospace backlog $14.7B (+22.8% YoY).
- Defense awards include $475M for Columbia-class submarine support, $540M in classified contracts.