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Huntington Ingalls: Q3 Earnings Snapshot

By AP News
Published

NEWPORT NEWS, Va. (AP) — NEWPORT NEWS, Va. (AP) — Huntington Ingalls Industries Inc. (HII) on Thursday reported third-quarter earnings of $148 million.

The Newport News, Virginia-based company said it had net income of $3.70 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.39 per share.

The shipbuilder posted revenue of $2.82 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $2.73 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HII at https://www.zacks.com/ap/HII

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