RESTON, Va. (AP) 鈥� RESTON, Va. (AP) 鈥� General Dynamics Corp. (GD) on Wednesday reported first-quarter profit of $1.13 billion.
On a per-share basis, the Reston, Virginia-based company said it had profit of $4.10.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.69 per share.
The defense contractor posted revenue of $13.48 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $12.7 billion.
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