earnings
confidence high
sentiment positive
materiality 0.75
HII Q3 revenue $2.8B (+7.2%), EPS $3.70; raises FY23 FCF guidance
HUNTINGTON INGALLS INDUSTRIES, INC.
2023-Q3 EPS reported
$10.18
revenue$8,277,000,000
- Revenue $2.8B (+7.2% YoY); net earnings $148M; diluted EPS $3.70 vs $3.44 YoY.
- Segment operating income $187M (6.6% margin) vs $166M (6.3%) YoY.
- Free cash flow $293M, improved from -$96M in Q3 2022.
- New contract awards $5.4B; total backlog ~$49B.
- Raised FY23 free cash flow guidance; reaffirmed shipbuilding margin guidance.