Huntington Ingalls Industries (HII) Tops Q3 EPS by $1.16

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Go back to Huntington Ingalls Industries (HII) Tops Q3 EPS by $1.16

Huntington Ingalls Industries Reports Third Quarter 2018 Results

November 8, 2018 7:15 AM EST

Revenues were $2.1 billionOperating margin was 13.9%Diluted earnings per share was $5.29Cash and cash equivalents at the end of the quarter were $68 million

NEWPORT NEWS, Va., Nov. 08, 2018 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported third quarter 2018 revenues of $2.1 billion, up 11.8 percent from the same period last year. The increase was driven primarily by higher volumes at HIIs Newport News Shipbuilding and Ingalls Shipbuilding segments.

Operating income in the quarter was $290 million and operating margin was 13.9 percent, compared to $241 million and 12.9 percent, respectively,... More