General Dynamics revenue $7.4 billionStaff Writer | April 26, 2017
General Dynamics reported first-quarter 2017 earnings from continuing operations of $763 million, a 16.7 percent increase over first-quarter 2016, on revenue of $7.4 billion.
General Dynamics Diluted earnings per share $2.48
Diluted earnings per share from continuing operations were $2.48 compared to $2.08 in the year-ago quarter, a 19.2 percent increase.
POST forecast was EPS $2.32 and revenue $7.60 billion.
percent, a 150 basis-point increase when compared to 12.4 percent in first-quarter 2016.
Net cash provided by operating activities in the quarter totaled $533 million, up 11 percent from the year-ago quarter.
Free cash flow from operations, defined as net cash provided by operating activities less capital expenditures, was $471 million. ■