$HII Earnings Beat and Breakout Continuation

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I have been long this name since April 17th. I held through earnings as it has been a slow but steady gainer.

Revenue did fall about 2% YOY. However, this is a good candidate for the new ship building initiative.

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Huntington Ingalls Industries Beat Expectations
Thursday, May 1, 2025 at 7:15 AM ET
Huntington Ingalls Industries (HII) reported earnings of $3.79 per share on revenue of $2.73 billion for the first quarter ended March 2025. The consensus earnings estimate was $2.90 per share on revenue of $2.79 billion. The Earnings Whisper number was $3.00 per share. The company beat expectations by 26.33% while revenue fell 2.53% compared to the same quarter a year ago.

The company said it continues to expect 2025 revenue of $11.80 billion to $12.20 billion. The current consensus revenue estimate is $11.95 billion for the year ending December 31, 2025.

HII is a global, all-domain defense partner, building and delivering the world’s most powerful, survivable naval ships and technologies that safeguard our seas, sky, land, space and cyber.
Note
HII I published this idea this morning and you can see it had a big pop up this morning and then some profit taking but not on heavy volume. It looks like (so far) it found a support area and is holding or moving up. I still think this is one to keep an eye on. I may add more on a resumption of the uptrend. TBD. ( It is already a full size position for me.)
snapshot

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