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Huntington Ingalls Q3 Earnings Miss Estimates, Revenues Decline Y/Y
HIIHuntington Ingalls Industries(HII) ZACKS·2024-10-31 16:10

Huntington Ingalls Industries, Inc.’s (HII) third-quarter 2024 earnings of 2.56persharedeclined30.82.56 per share declined 30.8% from 3.70 reported in the prior-year quarter. The bottom line also missed the Zacks Consensus Estimate of 3.84by33.33.84 by 33.3%.The year-over-year decline can be attributed to poor sales as well as operating income delivered by HII in the third quarter.Total RevenuesRevenues for the quarter totaled 2.75 billion, which missed the Zacks Consensus Estimate of $2.88 billion by 4.5%. The top line also declined 2. ...