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Huntington Ingalls: Q4 Earnings Snapshot

Huntington Ingalls: Q4 Earnings Snapshot

By AP News
Published - Feb 09, 2023, 07:29 AM ET
Last Updated - Jun 22, 2023, 10:27 PM EDT

NEWPORT NEWS, Va. (AP) — NEWPORT NEWS, Va. (AP) — Huntington Ingalls Industries Inc. (HII) on Thursday reported fourth-quarter earnings of $123 million.

On a per-share basis, the Newport News, Virginia-based company said it had profit of $3.07.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.14 per share.

The shipbuilder posted revenue of $2.81 billion in the period.

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