earnings
confidence high
sentiment positive
materiality 0.70
General Dynamics Q3 net earnings $902M, diluted EPS $3.26, revenue up 4.3% YoY
GENERAL DYNAMICS CORP
- Revenue $10B (+4.3% YoY); net earnings $902M (+4.9%); diluted EPS $3.26 (+6.2%).
- Operating cash flow $1.3B (142% of net earnings); free cash flow $1B (114% of net earnings).
- Consolidated book-to-bill 1.1x; total backlog $88.8B plus $37B potential value = $125.8B.
- Aerospace backlog grew 29.7% YoY to $19.1B; major awards include $1.4B Navy ships and $1.1B Abrams tanks for Poland.