Huntington Ingalls (HII) PT Raised to $275 at Vertical Research Partners

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Go back to Huntington Ingalls (HII) PT Raised to $275 at Vertical Research Partners

Huntington Ingalls Industries Reports Third Quarter 2019 Results

November 7, 2019 7:15 AM EST

Revenues were $2.2 billion in the quarterOperating margin was 9.6%Diluted earnings per share was $3.74Cash from operations was $363 million; free cash flow was $250 million1

NEWPORT NEWS, Va., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported third quarter 2019 revenues of $2.2 billion, up 6.5% from the third quarter of 2018. The increase was driven primarily by growth at HIIs Technical Solutions division from recent acquisitions and higher volume at HIIs Newport News Shipbuilding division.

Operating income in the quarter was $214 million and operating margin was 9.6%, compared to $290 million and... More