Despite a dip in net earnings, Huntington Ingalls Industries Inc (HII) focuses on strategic growth and operational improvements for future success.

Huntington Ingalls Industries reported Q4 results with sales of $3B, missing consensus of $3.05B. EPS of $3.15 down 54.3% Y/Y. FY25 outlook: sales $11.8B-$12.2B, Shipbuilding revenue $8.9B-$9.1B, Mission Technologies revenue $2.

Huntington Ingalls Industries’ ( NYSE: HII) stock dropped by 18% on Thursday after the shipbuilder reported lower earnings and revenue amid difficulties at a shipyard in Virginia. Fourth-quarter earnings fell to $123 million, or $3.15 a share, from $274 million, or $6.90 a share, a year earlier.

Shares of aerospace and defense company Huntington Ingalls (NYSE:HII) fell 17% in the morning session after the company reported a disappointing fourth quarter, with EPS missing significantly and revenue falling short of Wall Street's estimates.

Military Shipbuilder Huntington Ingalls missed estimates for fourth-quarter revenue and profit on Thursday, hurt by lower performance at its Newport News shipbuilding facility, sending its shares down 11% in pre-market trading.

Aerospace and defense company Huntington Ingalls (NYSE:HII) in Q4 CY2024, with sales falling 5.4% year on year to $3.00 billion. Its GAAP profit of $3.15 per share was 10.8% below analysts’ consensus estimates.