Huntington Ingalls Industries, Inc. Q3 Profit Climbs, Beats Estimates

(RTTNews) - Huntington Ingalls Industries, Inc. (HII) released earnings for its third quarter that Increased, from the same period last year and beat the Street estimates.

The company's earnings came in at $145 million, or $3.68 per share. This compares with $101 million, or $2.56 per share, last year.

Analysts on average had expected the company to earn $3.44 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 16.4% to $3.19 billion from $2.74 billion last year.

Huntington Ingalls Industries, Inc. earnings at a glance (GAAP) :

-Earnings: $145 Mln. vs. $101 Mln. last year. -EPS: $3.68 vs. $2.56 last year. -Revenue: $3.19 Bln vs. $2.74 Bln last year.