Huntington Ingalls Industries (HII) Tops Q3 EPS by $1.32

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Go back to Huntington Ingalls Industries (HII) Tops Q3 EPS by $1.32

Huntington Ingalls Industries Reports Third Quarter 2020 Results

November 5, 2020 7:15 AM EST

Revenues were $2.3 billion in the quarterOperating margin was 9.6%Diluted earnings per share was $5.45Cash from operations was $222 million, and free cash flow1 was $160 millionBacklog of $45.3 billion

NEWPORT NEWS, Va., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported third quarter 2020 revenues of $2.3 billion, up 4.3% from the third quarter of 2019. The increase was driven by growth at both HII's Newport News and Ingalls Shipbuilding divisions.

Operating income in the quarter was $222 million and operating margin was 9.6%, compared to $214 million and 9.6%,... More