NEWPORT NEWS, Va. (AP) — NEWPORT NEWS, Va. (AP) — Huntington Ingalls Industries Inc. (HII) on Thursday reported second-quarter earnings of $208 million.
On a per-share basis, the Newport ²ÝÝ®´«Ã½, Virginia-based company said it had profit of $5.27.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.80 per share.
The shipbuilder posted revenue of $3.42 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $3.14 billion.
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