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