Huntington Ingalls Industries (HII) Reports In-Line Q2 EPS

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Go back to Huntington Ingalls Industries (HII) Reports In-Line Q2 EPS

Huntington Ingalls Industries Reports Second Quarter 2016 Results

August 4, 2016 7:15 AM EDT

Revenues were $1.70 billionOperating margin was 12.8%Segment operating margin was 10.8%Diluted earnings per share was $2.80Cash and cash equivalents at the end of the quarter were $852 million

NEWPORT NEWS, Va., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported second quarter 2016 revenues of $1.7 billion, down 2.6 percent from the same period last year. Diluted earnings per share in the quarter was $2.80, compared to $3.20 in the same period of 2015. Diluted earnings per share in the second quarter of 2015 included a favorable insurance litigation settlement of $1.80 per share and a... More