01:10 PM EST, 02/06/2025 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.)
Huntington Ingalls Industries ( HII ) shares fell 17% in recent Thursday trading after the company reported lower Q4 earnings and revenue that were also below estimates.
The company reported Q4 earnings of $3.15 per diluted share, down from $6.90 a year earlier.
Analysts polled by FactSet expected $3.38.
Revenue for the quarter ended Dec. 31 was $3.0 billion, down from $3.18 billion a year earlier.
Analysts surveyed by FactSet expected $3.05 billion.
The company said it expects mid- to long-term revenue to grow by over 4%.
Price: 162.23, Change: -33.35, Percent Change: -17.05