GD Guides FY10 EPS Above Consensus

General Dynamics (GD 61.62 -0.15) reported second quarter earnings this morning of $1.68 per share, $0.07 better than the Thomson Reuters consensus of $1.61.

Revenues were unchanged from the year-ago period at $8.1 billion.

For the fiscal year 2010, the company issued earnings guidance of $6.60 to $6.65 per share, excluding non-recurring items, above the $6.59 Thomson Reuters consensus.

The company's funded backlog at the end of the quarter was $45.9 billion and total backlog was $62.5 billion.