Huntington Ingalls: Q1 Earnings Snapshot
May 6, 2021 GMT
NEWPORT NEWS, Va. (AP) Huntington Ingalls Industries Inc. (HII) on Thursday reported first-quarter profit of $148 million.
The Newport News, Virginia-based company said it had profit of $3.68 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.52 per share.
The shipbuilder posted revenue of $2.28 billion in the period.
Huntington Ingalls shares have increased 25% since the beginning of the year. The stock has climbed 17% in the last 12 months.
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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