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Industrial Goods | Aerospace/Defense Products & Services | USA
General Dynamics Crashes Despite Strong Q4 on Weak Guidance
General Dynamics' aerospace division performs well as it goes through an ongoing transition to new aircraft models.
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The company expects to earn between $11.60 and $11.70 per share in 2019, short of Wall Street's consensus $11.98 per share expectations.
Revenue of $38.5 billion is also expected to fall below $39.2 billion estimates.
The Falls Church, Va.-based defense contractor reported fourth-quarter earnings of $3.07 a share, a 20.4% year-over-year increase on an adjusted basis, on revenue of $10.4 billion, a 16.9% jump from a year earlier.
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https://www.thestreet.com/investing/earn...t-14849970
![[Bild: GDc0wl1545.png]](https://finviz.com/publish/013019/GDc0wl1545.png)
General Dynamics Crashes Despite Strong Q4 on Weak Guidance
General Dynamics' aerospace division performs well as it goes through an ongoing transition to new aircraft models.
...
The company expects to earn between $11.60 and $11.70 per share in 2019, short of Wall Street's consensus $11.98 per share expectations.
Revenue of $38.5 billion is also expected to fall below $39.2 billion estimates.
The Falls Church, Va.-based defense contractor reported fourth-quarter earnings of $3.07 a share, a 20.4% year-over-year increase on an adjusted basis, on revenue of $10.4 billion, a 16.9% jump from a year earlier.
...
https://www.thestreet.com/investing/earn...t-14849970
