BUZZ-Huntington Ingalls falls on quarterly results miss

Reuters

02-06

BUZZ-Huntington Ingalls falls on quarterly results miss

** 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

(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

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