Huntington Ingalls Industries (HII) Misses Q3 EPS by 1c

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HII Reports Third Quarter 2022 Results

November 3, 2022 7:15 AM EDT

Revenues were $2.6 billion in the quarterNet earnings of $138 million or $3.44 diluted earnings per shareNarrows FY22 revenue guidance rangesReaffirms shipbuilding operating margin1 guidance, revises Mission Technologies operating margin guidanceIncreases FY22 free cash flow1 guidance and updates for current R&D tax treatment

NEWPORT NEWS, Va., Nov. 03, 2022 (GLOBE NEWSWIRE) -- HII (NYSE: HII) reported third quarter 2022 revenues of $2.6 billion, up 12.3% from the third quarter of 2021, primarily driven by revenue attributable to the acquisition of Alion Science and Technology (Alion) in the third quarter of 2021, as well as... More