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

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Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2020 Results

February 11, 2021 7:15 AM EST

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

NEWPORT NEWS, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported fourth quarter 2020 revenues of $2.8 billion, up 14.3% from the fourth quarter of 2019. Operating income in the quarter was $305 million and operating margin was 11.1%, compared to $186 million and 7.7%,... More