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Huntington Ingalls Industries (HII) Is Rising On Q4 Results

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3/28/2012 9:53 AM ET

Huntington Ingalls Industries (HII: Quote) reported fourth quarter adjusted EPS of $1.19 Wednesday morning, down from $1.29 in the prior year period. The consensus estimate was for EPS of $0.94.

Huntington Ingalls Industries gapped open higher Wednesday and has continued to rise sharply on above average volume. Shares are now up 2.30 at $40.20. The stock has broken out to over a 10-month high.

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by RTT Staff Writer

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