RESTON, Va. (AP) _ General Dynamics Corp. (GD) on Wednesday reported third-quarter earnings of $834 million.
The Reston, Virginia-based company said it had profit of $2.90 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.85 per share.
The defense contractor posted revenue of $9.43 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $9.6 billion.
General Dynamics shares have dropped 24% since the beginning of the year, while the Standard & Poor's 500 index has increased roughly 5%. The stock has dropped 23% in the last 12 months.
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
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