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Huntington Ingalls Industries, Inc. Q4 adjusted earnings Beat Estimates

Huntington Ingalls Industries, Inc. (HII) announced earnings for fourth quarter that declined from last year.

The company's bottom line came in at $149 million, or $3.61 per share. This compares with $212 million, or $4.94 per share, in last year's fourth quarter.

Excluding items, Huntington Ingalls Industries, Inc. reported adjusted earnings of $180 million or $4.36 per share for the period.

Analysts had expected the company to earn $4.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.5% to $2.41 billion from $2.20 billion last year.

Huntington Ingalls Industries, Inc. earnings at a glance:

-Earnings (Q4): $180 Mln. vs. $212 Mln. last year.
-EPS (Q4): $4.36 vs. $4.94 last year.
-Analysts Estimate: $4.20
-Revenue (Q4): $2.41 Bln vs. $2.20 Bln last year.

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