Huntington Ingalls: Q1 Earnings Snapshot
NEWPORT NEWS, Va. (AP) _ Huntington Ingalls Industries Inc. (HII) on Thursday reported first-quarter profit of $140 million.
The Newport News, Virginia-based company said it had net income of $3.50 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.31 per share.
The shipbuilder posted revenue of $2.58 billion in the period.