Huntington Ingalls: 2Q Earnings Snapshot
NEWPORT NEWS, Va. (AP) _ Huntington Ingalls Industries Inc. (HII) on Thursday reported second-quarter profit of $239 million.
The Newport News, Virginia-based company said it had profit of $5.40 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.21 per share.
The shipbuilder posted revenue of $2.02 billion in the period.
Huntington Ingalls shares have dropped nearly 3 percent since the beginning of the year. The stock has risen 11 percent in the last 12 months.