Earnings Outlook For Huntington Ingalls Indus
Portfolio Pulse from Benzinga Insights
Huntington Ingalls Industries (NYSE:HII) is scheduled to release its quarterly earnings report on February 1, 2024. Analysts predict an EPS of $4.28. Investors are looking for an earnings beat and positive guidance for future growth. In the past, HII has surpassed EPS estimates, resulting in modest stock price increases. Shares are currently trading at $260.32, with a 19.5% increase over the last year. The upcoming earnings report could influence the stock's performance depending on the actual results and forward guidance provided.
January 31, 2024 | 4:01 pm
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Huntington Ingalls Industries is expected to report an EPS of $4.28 for the upcoming quarter. Historical data shows modest stock movement post-earnings, with a 19.5% annual gain. The guidance provided will be key for investors.
The expected EPS of $4.28 sets a benchmark for HII's performance. Historically, the company's earnings beats have led to minor stock price increases. The stock has been performing well over the past year, which may buffer any negative impact if earnings meet expectations. However, the market will likely react more significantly to the forward guidance provided, which could either reinforce the positive trend or lead to a correction if expectations are not met.
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IMPORTANCE 80
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