02.05.2024 13:54:56 - dpa-AFX: Huntington Ingalls Industries, Inc. Reveals Rise In Q1 Profit, Beats estimates
WASHINGTON (dpa-AFX) - Huntington Ingalls Industries, Inc. (HII) reported a
profit for its first quarter that increased from the same period last year and
beat the Street estimates.
The company's bottom line came in at $153 million, or $3.87 per share. This
compares with $129 million, or $3.23 per share, in last year's first quarter.
Analysts on average had expected the company to earn $3.53 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 3.7% to $2.8 billion from $2.7
billion last year.
Huntington Ingalls Industries, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $153 Mln. vs. $129 Mln. last year.
-EPS (Q1): $3.87 vs. $3.23 last year.
-Revenue (Q1): $2.8 Bln vs. $2.7 Bln last year.
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