earnings
confidence high
sentiment positive
materiality 0.75
General Dynamics Q1 revenue up 10.3% to $13.5B, EPS $4.10 (+12% YoY)
GENERAL DYNAMICS CORP
- Revenue $13.5B (+10.3% YoY); diluted EPS $4.10 (+12%); operating margin 10.5%.
- Cash from ops $2.2B (192% of net earnings); cash & equivalents $3.7B.
- Orders $26.6B in Q1; consolidated book-to-bill 2-to-1, 2.2-to-1 for defense segments.
- Total estimated contract value $188.4B: backlog $130.8B plus $57.6B potential from IDIQs and options.