Q2 Earnings Roundup: General Dynamics, Northrop and Motorola Solutions

General Dynamics

Defence contractor General Dynamics Corporation (NYSE:GD) reported its second quarter results, which missed and revised lower its guidance for the full year.

Earnings were down 4.8% to $634 million, equivalent to $1.77 a share compared to $666 million, or $1.79 a share in the year ago period. Analysts expected $1.73 a share. Revenues were up 0.5% to $7.9 billion, while expectations were $7.93 billion.

The company also lowered its guidance for the full year earnings, to the range of $7.00 to $7.10 on a fully diluted basis.

Chief...