Why Huntington Ingalls Industries Stock Is Heading Higher

Impact · against what's priced in

Huntington Ingalls Industries is likely to see positive price action following a significant earnings beat and raised full-year guidance. The combination of a $5.27 EPS versus $3.82 estimated and an increased revenue target of $10.3 billion provides a concrete catalyst for growth.

HII+0.70

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In context

The company crushed Wall Street estimates with $5.27 per share versus $3.82 and raised its full-year shipbuilding revenue target to $10.3 billion and operating margin to 6.25%.

Read from the article alone

• earnings▲<1%
• revenue growth
• guidance
• geopolitics
• HII
• defense
• military
• navy
• shipbuilding