Published on 2 May 2024 on Zacks via Yahoo Finance
Huntington Ingalls Industries, Inc.’s HII first-quarter 2024 earnings of $3.87 per share increased a solid 19.8% from $3.23 reported in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of $3.50 by 10.6%.
Total Revenues
Revenues for the quarter totaled $2.81 billion, which beat the Zacks Consensus Estimate of $2.80 billion by 0.2%. The top line also increased 4.9% from $2.67 billion recorded in the year-ago quarter, driven primarily by growth at its Mission Technologies business segment.