General Dynamics Surpasses Fourth Quarter Expectations with Strong Defense Sales and Robust Orders
General Dynamics reported fourth-quarter revenue and adjusted earnings above analyst estimates. Strong defense bookings led to a 1.6 times book-to-bill ratio.
Insights:
General Dynamics Corporation reported fourth-quarter revenue and adjusted earnings that exceeded Wall Street estimates for the period ending December 31. Total quarterly revenue for the United States 
USdefense contractor rose nearly 8% year-on-year to $14.38 billion, surpassing the $13.81 billion average expectation compiled by LSEG. Adjusted earnings reached $4.17 per share, outperforming the $4.09 per share forecast by analysts.
USdefense contractor rose nearly 8% year-on-year to $14.38 billion, surpassing the $13.81 billion average expectation compiled by LSEG. Adjusted earnings reached $4.17 per share, outperforming the $4.09 per share forecast by analysts.
