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GD General Dynamics Corporation

292.27
-1.10 (-0.37%)
Last Updated: 18:28:01
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Dynamics Corporation NYSE:GD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.10 -0.37% 292.27 294.07 292.01 294.00 312,217 18:28:01

General Dynamics Forecasts $40.7 Billion In 2020 Revenue

29/01/2020 4:09pm

Dow Jones News


General Dynamics (NYSE:GD)
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By Micah Maidenberg

 

The chief executive of General Dynamics Corp. (GD) said the company expects to generate a bit more than $40.7 billion in revenue in 2020, up 4% from last year.

Phebe Novakovic, CEO of the defense contractor and aerospace company, also told analysts that General Dynamics believes it will earn a profit of $12.55 to $12.60 a share in 2020.

The company reported a profit of $3.48 billion, or $11.98 a share, on $39.35 billion in revenue in 2019.

 

Write to Micah Maidenberg at micah.maidenberg@wsj.com

 

(END) Dow Jones Newswires

January 29, 2020 10:54 ET (15:54 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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