Huntington Ingalls Industries (HII) Tops Q1 EPS by 25c

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Huntington Ingalls Industries Reports First Quarter 2016 Results

May 5, 2016 7:15 AM EDT

Revenues were $1.76 billionSegment operating margin was 9.4%Total operating margin was 11.2%Diluted earnings per share was $2.87Cash and cash equivalents at the end of the quarter were $793 million

NEWPORT NEWS, Va., May 05, 2016 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported first quarter 2016 revenues of $1.76 billion, up 12.3 percent from the same period last year. Diluted earnings per share in the quarter was $2.87, compared to diluted earnings per share of $1.79 in the same period of 2015.

Segment operating income for the first quarter was $166 million and segment operating margin... More