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Huntington Ingalls Industries (HII) reported fourth quarter adjusted earnings per share of $4.35 compared to $2.96, a year ago. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $4.56, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Feb 11, 2021 07:44AM EST

07:43 Thursday, February 11, 2021 (RTTNews.com) - Huntington Ingalls Industries (HII) reported fourth quarter adjusted earnings per share of $4.35 compared to $2.96, a year ago. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $4.56, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter revenues were $2.8 billion, up 14.3% from prior year. Analysts expected revenue of $2.41 billion, for the quarter.

New contract awards in the quarter were approximately $3.5 billion, resulting in total backlog to approximately $46.0 billion as of Dec. 31, 2020.

Read the original article on RTTNews ( https://www.rttnews.com/3169047/huntington-ingalls-q4-adj-profit-rises-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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