Published on 29 Apr 2024 on Zacks via Yahoo Finance
Will Segmental Sales Aid Huntington Ingalls' (HII) Q1 Earnings?
Huntington Ingalls Industries, Inc. HII is scheduled to release its first-quarter 2024 earnings on May 2 before market open. The company holds a four-quarter average earnings surprise of 20.64%. Solid revenue performance across the majority of its business segments is likely to have contributed to HII’s overall performance in the first quarter of 2024.
Ingalls: Anticipated Growth in Revenues
Higher revenues from surface combatants and amphibious assault ships are likely to have contributed to this segment’s revenue performance in the first quarter.The Zacks Consensus Estimate for Ingalls’ first-quarter revenues is pegged at $609.6 million, which indicates growth of 5.6% from the year-ago quarter’s reported figure.