trending Market Intelligence /marketintelligence/en/news-insights/trending/7K6VRM5KMHmGQA_QJ6Aq5A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Huntington Ingalls profit beats consensus by 20.7% in Q3

StreetTalk – Episode 71: Hotel sector faces tough sledding until full COVID-19 solution

Street Talk Episode 71 - Hotel sector faces tough sledding until full COVID-19 solution

Which Companies Win from Decarbonizing Electricity

Banking Essentials Newsletter: November Edition - Part 2


Huntington Ingalls profit beats consensus by 20.7% in Q3

Huntington Ingalls Industries Inc. said its normalized net income for the third quarter amounted to $2.43 per share, compared with the S&P Capital IQ consensus estimate of $2.01 per share.

EPS increased 19.7% year over year from $2.03.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $117.5 million, a gain of 18.2% from $99.4 million in the prior-year period.

The normalized profit margin increased to 6.1% from 5.8% in the year-earlier period.

Total revenue increased on an annual basis to $1.80 billion from $1.72 billion, and total operating expenses climbed on an annual basis to $1.59 billion from $1.54 billion.

Reported net income grew 15.4% year over year to $110.8 million, or $2.29 per share, from $96.0 million, or $1.96 per share.