Huntington Ingalls Industries (HII) Misses Q1 EPS by 38c, Revenues Beat
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Huntington Ingalls Industries Reports First Quarter 2019 Results
May 2, 2019 7:15 AM EDTRevenues were $2.1 billion in the quarterOperating margin was 7.7%Diluted earnings per share was $2.85Record backlog of $40.6 billion
NEWPORT NEWS, Va., May 02, 2019 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported first quarter 2019 revenues of $2.1 billion, up 11.0 percent from the first quarter of 2018. The increase was driven primarily by higher volume at HIIs Newport News Shipbuilding division and growth at HIIs Technical Solutions division from recent acquisitions.
Operating income in the quarter was $161 million and operating margin was 7.7 percent, compared to $191million and 10.2 percent, respectively, in... More
