Huntington Ingalls Industries (HII) Tops Q1 EPS by 93c

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Huntington Ingalls Industries Reports First Quarter 2021 Results

May 6, 2021 7:15 AM EDT

Revenues were $2.3 billion in the quarterOperating margin was 6.5% and segment operating margin was 8.4%Diluted earnings per share was $3.68Pension adjusted diluted earnings per share1 was $3.56Achieved record backlog of $48.8 billion

NEWPORT NEWS, Va., May 06, 2021 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported first quarter 2021 revenues of $2.3 billion, up less than 1% from the first quarter of 2020.

Operating income in the quarter was $147 million and operating margin was 6.5%, compared to $215 million and 9.5%, respectively, in the first quarter of 2020. The decreases in operating income and... More