General Dynamics: 2Q Earnings Snapshot

FALLS CHURCH, Va. (AP) _ General Dynamics Corp. (GD) on Wednesday reported second-quarter earnings of $786 million.

The Falls Church, Virginia-based company said it had profit of $2.62 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $2.82 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.

The defense contractor posted revenue of $9.19 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $9.11 billion.

General Dynamics shares have fallen slightly more than 3 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 5.5 percent. The stock has dropped 4 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GD at https://www.zacks.com/ap/GD