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Mar 31, 2024
General Dynamics Q1 2024 Earnings Report
General Dynamics reported solid operating results with revenue and backlog growth, and margin expansion.
Key Takeaways
General Dynamics reported a strong start to 2024 with an 8.6% increase in revenue to $10.7 billion and a 10.4% increase in operating earnings to $1 billion. Diluted EPS increased by 9.1% to $2.88. The company's backlog reached $93.7 billion, up 4.4% from the previous year.
Revenue increased by 8.6% year-over-year to $10.7 billion.
Operating earnings increased by 10.4% year-over-year to $1 billion.
Diluted EPS increased by 9.1% year-over-year to $2.88.
Company-wide backlog increased by 4.4% year-over-year to $93.7 billion.
Revenue by Segment
Forward Guidance
General Dynamics remains confident in its outlook for 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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