FALLS CHURCH (dpa-AFX) - General Dynamics Corp. (GD) announced earnings for fourth quarter that dropped from the same period last year.
The company's bottom line totaled $1.00 billion, or $3.49 per share. This compares with $1.02 billion, or $3.51 per share, in last year's fourth quarter.
Analysts had expected the company to earn $3.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 2.7% to $10.48 billion from $10.77 billion last year.
General Dynamics Corp. earnings at a glance:
-Earnings (Q4): $1.00 Bln. vs. $1.02 Bln. last year. -EPS (Q4): $3.49 vs. $3.51 last year. -Analysts Estimate: $3.54 -Revenue (Q4): $10.48 Bln vs. $10.77 Bln last year.
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