General Dynamics Reports First-Quarter 2024 Financial Results
Operating earnings of $1 billion, up 10.4% from year-ago quarter
- Operating earnings of $1 billion, up 10.4% from year-ago quarter
RESTON, Va., April 24, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported first-quarter 2024 revenues of $10.7 billion, up 8.6% from the first quarter of 2023. - Diluted earnings per share (EPS) were $2.88, up 9.1% from the year-ago quarter.
- "Our businesses delivered solid operating results in the quarter, growing revenue and backlog, while expanding margins, even as we awaited G700 certification," said Phebe N. Novakovic, chairman and chief executive officer.
- This is a strong start to 2024 and we remain confident in our outlook."