BAE Systems Plc said its first-half normalized net income amounted to 14 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 19 pence per share.
EPS rose 37.4% year over year from 10 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £442.3 million, an increase of 38.2% from £320.0 million in the year-earlier period.
Total revenue increased 8.9% on an annual basis to £9.01 billion from £8.28 billion, and total operating expenses rose 8.4% year over year to £8.24 billion from £7.60 billion.
Reported net income increased 36.8% year over year to £555.9 million, or 17 pence per share, from £406.5 million, or 13 pence per share.
