Huntington Ingalls Industries (HII) Tops Q4 Voews

Huntington Ingalls Industries (NYSE: HII) reported Q4 EPS of $4.20, $1.75 better than the analyst estimate of $2.45. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.86 billion.

"Huntington Ingalls Industries’ operational performance in 2016 was solid,” said Mike Petters, HII’s president and CEO. “Exceptional execution on mature programs at Ingalls lessened the impact of the ongoing transition between programs at Newport News and drove the strong financial results for the year.”

Petters continued, “Our 2016 performance, the acquisition of Camber Corporation and the formation of our Technical Solutions division established a great foundation to achieve our Path to 2020 strategic commitments.”

For earnings history and earnings-related data on Huntington Ingalls Industries (HII) click here.

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