No new catalyst: trading volume turned unusual while GD remained higher on its third-quarter earnings beat and strong orders. The company reported $4.49 in quarterly EPS versus a $4.13 estimate, revenue of about $14.6 billion versus roughly $13.7 billion expected, and $98.8 billion of orders. source Defense peers also rose, adding support despite a weaker broad equity tape.
No new catalyst: trading volume turned unusual while GD remained higher on its third-quarter earnings beat and strong orders. The company reported $4.49 in quarterly EPS versus a $4.13 estimate, revenue of about $14.6 billion versus roughly $13.7 billion expected, and $98.8 billion of orders. source Defense peers also rose, adding support despite a weaker broad equity tape.