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Barchart
Barchart
Aditya Sarawgi

What to Expect From Huntington Ingalls’ Next Quarterly Earnings Report

Ingalls Huntington Huntington Ingalls HII

Newport News, Virginia-based Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls, and repairs military ships in the United States. With a market cap of $11.3 billion, Huntington Ingalls operates through Ingalls, Newport News, and Mission Technologies segments.

The industrial major is set to announce its third-quarter earnings before the markets open on Thursday, Oct. 30. Ahead of the event, analysts expect HII to report an EPS of $3.21, marking a notable 25.4% growth from $2.56 reported in the year-ago quarter. While the company has surpassed the Street’s bottom-line estimates twice over the past four quarters, it has missed the projections on two other occasions.

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