Huntington Ingalls slumps after Q1 earnings fall

U.S. military shipbuilder Huntington Ingalls HII.N shares down 3% to $224

Co reports fall in Q1 profit and revenue, weighed down in part by a continued slowdown at its facility that makes aircraft carriers for the Navy

HII posts per-share profit of $3.79, lower than $3.87 posted a year earlier

Co posts Q1 sales and services revenue of $2.73 bln, below expectations of $2.79 bln, as per data compiled by LSEG

HII reaffirms full-year outlook and continues to expect shipbuilding revenue between $8.9 billion and $9.1 billion in 2025

4 of 13 brokerages rate the stock "buy" or higher, 8 "hold" and 1 "sell"; their median PT is $221- LSEG

Including session moves, the stocks are up 18.5% YTD