General Dynamics Corporation reported first-quarter 2022 earnings per share of $2.61, surpassing the Zacks Consensus Estimate by 4.8%. The company achieved revenues of $9.392 billion, exceeding predictions of $8,977.3 million. However, its total backlog decreased by 0.4% to $87.23 billion, reflecting challenges such as expected poor segmental performance and lower delivery rates. Despite these concerns, the stock rose 1.3% following the earnings announcement, bolstered by a significant $661.6 million task order awarded to General Dynamics Information Technology.
“General Dynamics Corporation GD · reported first-quarter 2022 earnings per share of · $2.61 · which beat the Zacks Consensus Estimate of $2.49 by 4.8%”
“General Dynamics · recorded a total backlog of · $87.23 billion · down 0.4% from the 2021-end backlog”
“General Dynamics Corporation · posted · first-quarter 2022 earnings · $2.61 per share”
“General Dynamics Corporation · earnings · surpassing the Zacks Consensus Estimate · $2.49 per share”
“General Dynamics · is among · five stocks · near buy points from strong groups that have already reported earnings”
“General Dynamics · is among · stocks · near buy points from strong groups that have already reported earnings”
“General Dynamics · reported first-quarter 2022 earnings per share · $2.61”
“General Dynamics · total backlog · was · $87.23 billion”
“General Dynamics · reported · Q1 2022 earnings · April 27, 2022, 9:00 a.m. ET”
“General Dynamics · earnings · views · top”
“General Dynamics Corporation · posted · first-quarter 2022 earnings · $2.61 per share”
“General Dynamics Corporation · rose · shares · 1.3%”
