Reports Q4 revenue $13.3B, consensus $12.82B. “We had a solid fourth quarter, capping off a year that saw steady growth in revenue and earnings across all four segments,” said Phebe Novakovic, chairman and chief executive officer. “Order activity continued to be very strong, with 1-to-1 book-to-bill for the year, even as revenue grew by 13%, positioning us well for continued growth.” Gulfstream delivered 47 aircraft in the quarter, of which 42 were large-cabin aircraft. The company delivered a total of 136 aircraft during the year, of which 118 were large-cabin aircraft.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GD:
- Notable companies reporting before tomorrow’s open
- Cyberlux announces $3.5M GDMS order for communications tech
- GD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- General Dynamics price target raised to $360 from $354 at Citi
- Visa upgraded, MasterCard downgraded: Wall Street’s top analyst calls