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BUZZ-Huntington Ingalls falls on quarterly results miss

ReutersFeb 6, 2025 3:56 PM

Military shipbuilder Huntington Ingalls' HII.N shares fall 16.45% to $163.54

Co reports Q4 sales and service revenue of $3 bln vs. analysts' average estimate of $3.05 bln, according to data compiled by LSEG

Also reports Q4 profit of $3.15 per share, below analysts' average estimate of $3.49 per share

Also expects 2025 shipbuilding revenue to be in the range of $8.9 billion to $9.1 billion

Shares fell ~27.22% in 2024

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