General Dynamics Profiting from Navy Spending
General Dynamics Corporation (NYSE:GD) presented its first-quarter 2016 results on Wednesday, April 27. Given an overall surge in demand for military hardware, it's no surprise that General Dynamics stock responded favorably to the $717 million ($2.30 per share) earnings, which beat last year's record of $716 million ($2.14 per share). General Dynamics stock was trading at the highest level of the year.
While General Dynamics' revenue dropped 0.8% to $ 7.72 billion, it still beat the expected earnings per.
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General Dynamics Corporation (NYSE:GD) presented its first-quarter 2016 results on Wednesday, April 27. Given an overall surge in demand for military hardware, it's no surprise that General Dynamics stock responded favorably to the $717 million ($2.30 per share) earnings, which beat last year's record of $716 million ($2.14 per share). General Dynamics stock was trading at the highest level of the year.
While General Dynamics' revenue dropped 0.8% to $ 7.72 billion, it still beat the expected earnings per.
Den vollständigen Artikel lesen ...