Back to mobile site

Huntington Ingalls reports fourth-quarter earnings below estimates, shares slide

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. PRIM
2. ABBV
3. IBM
4. META
5. MSFT
6. NAVN
7. DFTX
8. CNC
9. KFY
10. SPY

February 6, 2025 8:44 AM EST

FILE PHOTO: A crane moves the lower stern into place on the nuclear-powered aircraft carrier USS John F. Kennedy (CVN 79) at Huntington Ingalls Shipbuilding in Newport News, Virginia, U.S., in this June 22, 2017/U.S. Navy/Handout via REUTERS/File Photo

(Reuters) - Military Shipbuilder Huntington Ingalls missed estimates for fourth-quarter revenue and profit on Thursday, hurt by lower performance at its Newport News shipbuilding facility, sending its shares down 11% in pre-market trading.

The company, which faces issues related to supply chain and higher costs, expects its 2025 shipbuilding revenue to be in the range of $8.9 billion to $9.1 billion. It also expects revenue at its mission technologies segment to be between $2.9 billion and $3.1 billion for 2025.

Analysts on average expect the company to post full-year revenue of $12.1 billion, according to data compiled by LSEG.

The company's fourth-quarter profit more than halved to $3.15 per share and came in below analysts' estimates of $3.49 per share.

Sales and service revenue for the quarter was $3 billion, below estimates of $3.1 billion.

(Reporting by Abhinav Parmar in Bengaluru; Editing by Anil D'Silva)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Reuters

Related Entities

Earnings