Flaten @Flaten: "Huntington Ingalls ($HII) Q2 CY2024..."

Switzerland

Huntington Ingalls ($HII (Huntington Ingalls Industries Inc)) Q2 CY2024 Results! Key Highlights: - Revenue: $2.98B (6.8% YoY growth, 4.7% above estimates) - EPS: $4.38 (up from $3.27, 21.8% beat) - Gross Margin: 14.5% (up from 14%) - Free Cash Flow: Improved to -$102M (from -$274M) - Backlog: $48.5B (3.5% YoY increase) - Market Cap: $11.04B $HII had a stellar Q2 with significant beats in both revenue and EPS. Despite long-term growth challenges, this quarter's results are promising. Recent Updates: - $CACI (CACI International Inc): Awarded $319M task order to provide intelligence systems expertise to the U.S. Army. - $RTX (Raytheon-Technologies): Raytheon wins a nearly $2B contract for the Japanese military and U.S. forces. - $PZZA (Papa John's International Inc): Appoints former $WEN (Wendy's) CEO for same role, declares $0.46 dividend. After Hours Earnings to Watch: - $X (United States Steel Corp) - $BKNG (Booking Holdings Inc) - $AMZN (Amazon.com Inc)

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