Of those seven total, six posted results for the first quarter of their respective fiscal years that run on a calendar basis, with one for the second quarter of its fiscal year that runs on an October-September basis.
Five of the reporting companies are also listed in the S&P 500 composite index, which has gained 2.34 percent from the year’s start and declined 1.23 percent over 12 months.
Below is a summary of results and other items from these seven companies’ financial statements.
Boeing (NYSE: BA) (A Dow Jones Industrial Average and S&P 500 stock):
- Earnings per share: $1.74 misses Wall Street estimate by 9 cents
- Profit: $1.22 billion, down 8.27 percent from prior year period
- Revenue: $22.63 billion, up 2.16 percent, beats Wall Street estimate of $22.44 billion
- Guidance: unchanged at $8.15-$8.35 earnings per share and $93 billion-to-$95 billion revenue
- Notes:
- Profit hit by after-tax charge of $156 million, or 24 cents per share,  on Air Force KC-46 program
- Defense segment revenue up 18.48 percent to $7.95 billion on F-15 and C-17 deliveries
- Defense segment revenue represented 35.13 percent of total sales, up from 30.29 percent in the fiscal year 2015 first quarter
- Shares are down 7.85 percent from the year’s start and down 10.22 percent over 12 months
General Dynamics (NYSE: GD) (An S&P 500 stock):
- Earnings per share: $2.34 beats Wall Street estimate by 18 cents
- Profit: $717 million, up $1 million from prior year period
- Revenue: $7.72 billion, down $60 million, beats Wall Street estimate of $7.69 billion
- Guidance: $9.20 per share and $31.6 billion-to-$31.8 billion revenue
- Notes:
- Four of five segments excluding marine systems post year-over-year sales declines
- Marine systems up 9.79 percent on ramp up of Navy Ohio-class submarine production program
- Shares are up 0.98 percent from the year’s start and 3.44 percent over 12 months
Northrop Grumman (NYSE: NOC)Â (An S&P 500 stock):
- Earnings: $3.03 per share beats Wall Street estimate by 54 cents
- Profit: $556 million, up 23.14 percent from prior year period
- Revenue: flat at $5.96 billion, Â beats Wall Street estimate of $5.93 billion
- Guidance:
- Earnings lifted to $10.40-to-$10.70 per share from prior $9.90-to-$10.20 outlook
- Revenue unchanged at $23.5 billion-to-$24 billion
- Notes:
- Aerospace segment revenue up 2.8 percent on manned and unmanned aircraft sales
- Revenue in both mission systems and technology services segments down
- Shares are up 7.82 percent from the year’s start and 25.83 percent over 12 months
L-3 Communications (NYSE: LLL) (An S&P 500 stock):
- Earnings per share: $2.08 beats Wall Street estimate by 51 cents
- Profit: $164 million, Â up 41.37 percent from prior year period
- Revenue: $2.35 billion, Â down 5.62 percent, Â misses Wall street estimate of $2.36 billion
- Guidance:
- Earnings up to $7.55-to-$7.75 per share from previous $7.47-to-$7.60 range
- Revenue unchanged at $9.95 billion-to-$10.15 billion
- Notes:
- Operating margin up from 7.5 percent in prior year period to 10.7 percent
- Organic sales excluding business divestitures such as NSS to CACIÂ declined 2.1 percent
- Shares are up 4.44 percent from the year’s start and 1.18 percent over 12 months
Leidos Holdings (NYSE: LDOS):
- Earnings per share: 72 cents beats Wall Street estimate by 4 cents
- Profit: $49 million, up 19.51 percent from prior year period
- Revenue: $1.31 billion, up 5.64 percent, Â beats Wall Street estimate of $1.27 billion
- Guidance: unchanged at $2.75-to-$2.95 earnings per share and $5.1 billion-to-$5.3 billion revenue
- Notes:
- Health and infrastructure segment revenue up 7.53 percent on ramp up of Defense Department electronic health record modernization program
- National security segment revenue up 4.17 on sales in U.K. defense ministry logistics program
- Shares are down 7.86 percent from the year’s start and up 22.99 percent over 12 months
CGI Group (NYSE: GIB) (Second quarter for fiscal year 2016):
- Earnings per share: 90 cents misses Wall Street estimate by 2 cents
- Profit:Â $224.77 million, up 12.54 percent from prior year period
- Revenue: $2.8 billion, up 5.8 percent
- Guidance: Not detailed in release
- Notes:
- U.S. federal government revenue represented 13.5 percent of total sales, down from 14.1 percent in the fiscal year 2015 second quarter
- Global government revenue represented 33 percent of total sales, down from 35 percent in the fiscal year 2015 second quarter
- Shares are up 18.99 percent from the year’s start and 4.29 percent over 12 months
United Technologies Corp. (NYSE: UTX) (A Dow Jones Industrial Average and S&P 500 stock, plus non-GovCon Index company):
- Earnings per share: $1.47 beats Wall Street estimate by 8 cents
- Profit: $1.19 billion, down 16.78 percent from prior year period
- Revenue: $13.36 billion, up $40 million, Â beats Wall Street estimate of $13.18 billion
- Guidance: unchanged at $6.30-to-$6.60 earnings per share and $56 billion-to-$58 billion in revenue
- Notes:
- Company to repurchase $3 billion in shares
- Company has set aside $1 billion-to-$2 billion for acquisitions
- Shares are up 9.09 percent from the year’s start and down 9.78 percent over 12 months