RESTON, Va. (AP) — RESTON, Va. (AP) — General Dynamics Corp. (GD) on Wednesday reported fourth-quarter net income of $1.15 billion.
The Reston, Virginia-based company said it had net income of $4.15 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.13 per share.
The defense contractor posted revenue of $13.34 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $13.06 billion.
For the year, the company reported profit of $3.78 billion, or $13.63 per share. Revenue was reported as $47.72 billion.
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