Huntington Ingalls Industries Inc (HII, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $2,844.85 million, and the earnings are expected to come in at $3.57 per share. The full year 2024's revenue is expected to be $11.72 billion and the earnings are expected to be $16.54 per share. More detailed estimate data can be found here
Huntington Ingalls Industries Inc (HII, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Huntington Ingalls Industries Inc (HII) for the full year 2024 have increased from $11.69 billion to $11.72 billion. For 2025, the revenue estimates have risen from $12.09 billion to $12.17 billion. Earnings estimates for 2024 have remained steady at $16.54 per share, while for 2025, the earnings estimates have increased from $18.95 per share to $19.03 per share.
Huntington Ingalls Industries Inc (HII, Financial) Reported History
In the previous quarter of March 31, 2024, Huntington Ingalls Industries Inc's (HII) actual revenue was $2.81 billion, which beat analysts' revenue expectations of $2.79 billion by 0.41%. Huntington Ingalls Industries Inc's (HII) actual earnings were $3.87 per share, which beat analysts' earnings expectations of $3.49 per share by 10.89%. After releasing the results, Huntington Ingalls Industries Inc (HII) was down by -11.5% in one day.
Huntington Ingalls Industries Inc (HII, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 12 analysts, the average target price for Huntington Ingalls Industries Inc (HII) is $284.01 with a high estimate of $317 and a low estimate of $231. The average target implies an upside of 1.35% from the current price of $280.23.
Based on GuruFocus estimates, the estimated GF Value for Huntington Ingalls Industries Inc (HII, Financial) in one year is $261.21, suggesting a downside of -6.79% from the current price of $280.23.
Based on the consensus recommendation from 15 brokerage firms, Huntington Ingalls Industries Inc's (HII, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
