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Jun 30, 2024
General Dynamics Q2 2024 Earnings Report
Reported strong second-quarter with revenue up 18% and diluted EPS up 20.7% compared to the year-ago quarter.
Key Takeaways
General Dynamics reported a strong second quarter with revenue of $12 billion, an 18% increase from the previous year. Operating earnings rose by 20.2% to $1.2 billion, and diluted EPS increased by 20.7% to $3.26. The company saw growth across all key measures, driven by disciplined execution and increased demand in the defense sector.
Revenue increased by 18% year-over-year to $12 billion.
Operating earnings grew by 20.2% year-over-year to $1.2 billion.
Diluted EPS increased by 20.7% year-over-year to $3.26.
Operating margin expanded by 20 basis points to 9.7%.
Revenue by Segment
Forward Guidance
General Dynamics did not provide specific forward guidance in this report. The report focuses on the results of the second quarter of 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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