HII reports Q2 EPS $4.38, consensus $3.61

Reports Q2 revenue $2.977B, consensus $2.84B. “Mission Technologies achieved another quarter of strong performance and robust growth, which has allowed us to raise our Mission Technologies revenue guidance range for the year,” said Chris Kastner, HII‘s president and CEO. “Our shipyards achieved critical milestones during the quarter, delivering Virginia-class submarine SSN 796 New Jersey and LPD 29 Richard M. McCool Jr. We are pleased to reiterate our full year shipbuilding guidance and see meaningful opportunities for shipbuilding operating margin2 improvement in the second half of the year.”