Huntington Ingalls Industries (HII) Tops Q2 EPS by 131c, Revenues Beat

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Go back to Huntington Ingalls Industries (HII) Tops Q2 EPS by 131c, Revenues Beat

Huntington Ingalls Industries Reports Second Quarter 2018 Results

August 2, 2018 7:15 AM EDT

Revenues were $2.0 billionOperating margin was 12.7%Diluted earnings per share was $5.40Cash from operations was $239 million and free cash flow1 was $154 million

NEWPORT NEWS, Va., Aug. 02, 2018 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported second quarter 2018 revenues of $2.0 billion, up 8.7 percent from the same period last year. The increase was driven primarily by higher volume at HIIs Newport News Shipbuilding segment.

Operating income in the quarter was $257 million and operating margin was 12.7 percent, compared to $241 million and 13.0 percent, respectively, in the second... More