HII Stock Recent News
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Huntington's (HII) business segment, Ingalls Shipbuilding, launches an amphibious assault ship, Bougainville, for Navy and Marine Corps partners.
Sleeping well at night in the next recession is a lot easier with safe dividends, a strong balance sheet, and a wide moat. Huntington Ingalls is the biggest navy shipbuilder in America, the king of nuclear subs, a completely recession-resistant industry. HII is finally undervalued after a post-Ukraine invasion rally and now offers a 17% annual return potential over the next two to 10 years.
NEWPORT NEWS, Va., Oct. 05, 2023 (GLOBE NEWSWIRE) -- HII (NYSE: HII) will release its third quarter 2023 financial results on Thursday, Nov. 2 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII's website: https://www.hii.com/.
Huntington's (HII) business segment, Newport News Shipbuilding, secures a modification contract involving support services for submarines.
Huntington's (HII) arm, Ingalls, secures a modification contract to provide DDG 1000 modernization services.
Huntington Ingalls (HII), a significant naval shipbuilder, expands its presence in the naval vessels market with the launch of DDG 128.
Bollinger Shipyards has begun building the first of three new icebreakers for the U.S. Coast Guard. The first ship won't arrive before 2028, however, at least four years behind schedule.
As defense spending being a sizable portion of the federal budget is the reason many investors love defense stocks. In 2024, the country will spend approximately $842 billion on our national defense.
Although the revenue and EPS for Huntington Ingalls (HII) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Huntington Ingalls (HII) came out with quarterly earnings of $3.27 per share, beating the Zacks Consensus Estimate of $3.14 per share. This compares to earnings of $4.44 per share a year ago.