Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2020 Results

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Go back to Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2020 Results

Huntington Ingalls Industries (HII) Tops Q4 EPS by $1.59, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus

February 11, 2021 7:18 AM EST

Huntington Ingalls Industries (NYSE: HII) reported Q4 EPS of $6.15, $1.59 better than the analyst estimate of $4.56. Revenue for the quarter came in at $2.76 billion versus the consensus estimate of $2.41 billion.

Revenues were $2.8 billion in the quarter; $9.4 billion in 2020Operating margin was 11.1% in the quarter; 8.5% in 2020Diluted earnings per share was $6.15 in the quarter, $17.14 in 2020Cash from operations was $1.1 billion, and free cash flow1 was $757 million in 2020Backlog of $46.0 billion at year end

2020 will be remembered as one of the most challenging business environments that we... More