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Why General Dynamics Stock Is Falling Today
GMGM(GM) The Motley Fool·2025-01-29 19:17

General Dynamics (GD -4.05%) topped quarterly expectations, but some of the company's key business units underwhelmed. Investors were disappointed, sending General Dynamics shares down 6% at the open Wednesday and down 4% as of 1:30 p.m. ET.A subdued beatGeneral Dynamics earned 4.15pershareonsalesof4.15 per share on sales of 13.3 billion in the quarter, topping Wall Street's 4.05pershareon4.05 per share-on-12.8 billion consensus estimate. But that consensus had reset lower during the quarter, and some of the underlying numbers were less ...