Bernstein Downgrades Huntington Ingalls (HII) to Market Perform

Go back to Bernstein Downgrades Huntington Ingalls (HII) to Market Perform

Huntington Ingalls Industries Reports First Quarter 2015 Results

May 7, 2015 7:15 AM EDT

Revenues were $1.57 billion for the quarter Segment operating margin was 8.2 percent Total operating margin was 9.9 percent Diluted earnings per share was $1.79 for the quarter Cash and cash equivalents at the end of the quarter were $904 million

NEWPORT NEWS, Va., May 7, 2015 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported first quarter 2015 revenues of $1.57 billion, down 1.5 percent compared to the same period last year. Diluted earnings per share in the quarter was $1.79, compared to diluted earnings per share of $1.81 in the same period of 2014.

Segment operating income... More