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Huntington Ingalls (HII) Shares Skyrocket, What You Need To Know
Huntington Ingalls (HII) shares jumped 5.2% after the company reported strong fourth-quarter results that exceeded Wall Street’s expectations for both revenue and profit. The company’s fourth-quarter revenue increased by 15.7% to $3.48 billion, and non-GAAP profit reached $4.04 per share, driven by operational improvements and a positive outlook for 2026. Management attributed the strong performance to improved hiring, employee retention, and increased efficiency in shipbuilding, with guidance projecting another 15% increase in throughput and shipbuilding revenue between $9.7 billion and $9.9 billion for 2026.