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Update: Huntington Ingalls Industries Shares Fall After Lower Q4 Results Miss Estimates
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Update: Huntington Ingalls Industries Shares Fall After Lower Q4 Results Miss Estimates
Feb 6, 2025 10:19 AM

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

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