earnings
confidence high
sentiment positive
materiality 0.80
General Dynamics Q2 revenue $13B (+8.9% YoY), EPS $3.74 (+14.7%), orders $28.3B
GENERAL DYNAMICS CORP
- Diluted EPS $3.74, up 14.7% YoY; operating earnings $1.3B, up 12.9%.
- Operating margin 10.0%, expanded 30 bps; revenue $13B, up 8.9%.
- Cash from operations $1.6B (158% of net earnings); reduced debt by $897M.
- Consolidated book-to-bill 2.2x; defense 2.4x, aerospace 1.3x; backlog $103.7B.
- CEO cites all four segments growing revenue and earnings in first half.
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