General Dynamics stock set to snap longest losing streak in 4 years after earnings beat expectations

📆 25-10-23 13:18:00
📰 MarketWatch

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

Shares of General Dynamics Corp. GD climbed 1.9% in premarket trading Wednesday, putting them on track to snap a seven-session losing streak, after the aerospace and defense contractor beat third-quarter profit and revenue expectations as “strong demand” continued. Net income fell to $836 million, or $3.

04 a share, from $902 million, or $3.26 a share, in the year-ago period, but that beat the FactSet consensus for earnings per share of $2.91. Revenue grew 6.0% to $10.57 billion, above the FactSet consensus of $10.05 billion, as better-than-expected revenue from the company’s marine systems, combat systems and technologies...

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks higher on Treasury rebound, Nvidia PC move, Microsoft, General Electric, General Motors earnings -...Stocks higher, Nvidia, Microsoft, General Electric, General Motors
La source: startelegram - 🏆 248. / 63 Lire la suite »

The Dow’s 4 earnings reporters’ stocks are adding about 60 points to the Dow’s priceTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »