Huntington Ingalls: Q3 Earnings Snapshot

NEWPORT NEWS, Va. (AP) — NEWPORT NEWS, Va. (AP) — Huntington Ingalls Industries Inc. (HII) on Thursday reported third-quarter profit of $101 million.

On a per-share basis, the Newport News, Virginia-based company said it had profit of $2.56.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.84 per share.

The shipbuilder posted revenue of $2.75 billion in the period, which also missed Street forecasts. Eight analysts surveyed by Zacks expected $2.88 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HII at https://www.zacks.com/ap/HII