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General Dynamics reports Q3 EPS $3.88, consensus $3.71

Reports Q3 revenue $12.91B, consensus $12.53B. “Each of our four segments grew earnings and backlog in the quarter, reflecting solid execution coupled with growing demand,” said Phebe Novakovic, chairman and chief executive officer. “The Aerospace segment in particular performed impressively, growing revenue 30.3% and expanding margins by 100 basis points from the same period a year ago, with order activity for business jets remaining very strong.”

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