(Reuters) – Gulfstream jet maker General Dynamics Corp on Wednesday beat Wall Street estimates for fourth-quarter profit on strong demand for business jets.
Net earnings rose to $992 million, or $3.58 per share, in the quarter ended Dec. 31, from $952 million, or $3.39 per share, a year earlier.
Analysts on average had expected the company to post a profit of $3.54 per share, according to Refinitiv IBES data.
(Reporting by Nathan Gomes in Bengaluru; Editing by Shinjini Ganguli)