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Huntington Ingalls Q1 Earnings Beat Estimates, Revenues Decline Y/Y
ZACKS· 2025-05-01 17:25
Huntington Ingalls Industries, Inc.’s (HII) first-quarter 2025 earnings of $3.79 per share declined 2.1% from $3.87 in the prior-year quarter. However, the bottom line beat the Zacks Consensus Estimate of $2.90 by 30.7%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The year-over-year decline can be attributed to poor sales performance in the first quarter of 2025 compared with first-quarter 2024.Total RevenuesRevenues for the quarter totaled $2.73 billion, which missed the Zacks ...
HII Reports First Quarter 2025 Results
Globenewswire· 2025-05-01 11:15
NEWPORT NEWS, Va., May 01, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today reported results for the first quarter of fiscal 2025. Highlights First quarter revenues were $2.7 billionFirst quarter net earnings were $149 million or $3.79 diluted earnings per shareNew contract awards of $2.1 billion, resulting in backlog of $48 billionCompany reaffirms previously issued financial guidance1 First Quarter ResultsFirst quarter 2025 revenues of $2.7 billion were down 2.5% from the first quarter of 2024, driven by lo ...