Huntington Ingalls Industries stock crashed followed uncertainty on contracting activity. The company is now valued fairly, contrary to a previous overvaluation, which could provide an entry point. Risk is elevated due to the removal of the longer-term free cash flow guidance, meaning that potential upside as well as risk have increased.
Major U.S. equities indexes never found a festive mood in the Halloween trading session, carving lower as investors digested massive spending plans by tech giants aiming to build their artificial intelligence (AI) infrastructure.
Huntington Ingalls Industries, Inc. (NYSE:HII ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Christie Thomas - Vice President, Investor Relations Chris Kastner - President & Chief Executive Officer Tom Stiehle - Executive Vice President & Chief Financial Officer Conference Call Participants Gautam Khanna - TD Cowen Scott Mikus - Melius Research Myles Walton ...
The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.
HII will deliver logistics services, ISR operations and next-gen technology in support of JADC2 strategy HII will deliver logistics services, ISR operations and next-gen technology in support of JADC2 strategy
NEWPORT NEWS, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook.
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