Huntington Ingalls: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 07:42 AM ET
Last Updated - Jun 21, 2023, 10:55 PM EDT
NEWPORT NEWS, Va. (AP) — NEWPORT NEWS, Va. (AP) — Huntington Ingalls Industries Inc. (HII) on Thursday reported first-quarter net income of $129 million.
The Newport News, Virginia-based company said it had net income of $3.23 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3 per share.
The shipbuilder posted revenue of $2.67 billion in the period.
