Why Defense Company Huntington Ingalls Shares Are Diving Today
Why Defense Company Huntington Ingalls Shares Are Diving Today
Huntington Ingalls Industries Inc (NYSE:HII) shares are trading lower after it reported first-quarter FY24 results.
亨廷頓英格爾斯工業公司(紐約證券交易所代碼:HII)公佈24財年第一季度業績後,股價走低。
Sales and service revenue increased 4.9% Y/Y to $2.81 billion, beating the consensus of $2.79 billion.
銷售和服務收入同比增長4.9%,達到28.1億美元,超過了市場預期的27.9億美元。
Revenues by segments: Ingalls Shipbuilding $655 million (+13.5% Y/Y), Newport News Shipbuilding $1.43 billion (-4.8% Y/Y) and Mission Technologies $750 million (+20.2% Y/Y).
按細分市場劃分的收入:英格爾斯造船6.55億美元(同比增長13.5%),紐波特紐斯造船業14.3億美元(同比下降4.8%),使命科技7.5億美元(同比增長20.2%)。
EPS of $3.87, up 19.8% Y/Y, beat the consensus of $3.49.
每股收益爲3.87美元,同比增長19.8%,超過了3.49美元的共識。
Operating income increased 9.2% Y/Y to $154 million, and the margin expanded by 22 bps Y/Y to 5.5%.
營業收入同比增長9.2%,達到1.54億美元,利潤率同比增長22個點子至5.5%。
Segment operating income was $170 million (+9.0% Y/Y), and the margin was 6.1%, up 23 bps Y/Y.
分部營業收入爲1.7億美元(同比增長9.0%),利潤率爲6.1%,同比增長23個點子。
Huntington Ingalls's operating cash flow for the quarter totaled $202 million and a negative free cash flow of $274 million.
亨廷頓·英格爾斯本季度的運營現金流總額爲2.02億美元,負自由現金流爲2.74億美元。
New contract awards for 2023 were $3.1 billion, with a total backlog of around $48.4 billion as of March 31, 2024.
2023年的新合同授予額爲31億美元,截至2024年3月31日,積壓的合同總額約爲484億美元。
"Strong growth in Mission Technologies and stable shipbuilding progress provide a solid foundation for the balance of 2024 and beyond." said Chris Kastner, president and CEO.
總裁兼首席執行官克里斯·卡斯特納表示:“任務技術的強勁增長和穩定的造船進展爲2024年及以後的剩餘時間奠定了堅實的基礎。”
FY24 Outlook Reiterated: Huntington Ingalls Industries sees Shipbuilding revenue of $8.8 billion-$9.1 billion and the corresponding operating margin of 7.6%-7.8%.
重申24財年展望:亨廷頓英格爾斯工業公司預計造船收入爲88億至91億美元,相應的營業利潤率爲7.6%-7.8%。
Huntington Ingalls sees Mission Technologies' revenue of $2.70 billion – $2.75 billion, with an operating margin of 3.0%-3.5% and Mission Technologies EBITDA margin of 8.0%-8.5%.
亨廷頓·英格爾斯預計,Mission Technologies的收入爲27.0億美元至27.5億美元,營業利潤率爲3.0%-3.5%,Mission Technologies的息稅折舊攤銷前利潤率爲8.0%-8.5%。
Huntington Ingalls Industries expects FY24 free cash flow of $600 million-$700 million.
亨廷頓英格爾斯工業公司預計,24財年的自由現金流爲6億至7億美元。
The company continues to expect FY24-FY28 free cash flow of $3.6 billion.
該公司繼續預計,FY24-FY28 的自由現金流爲36億美元。
Investors can gain exposure to the stock via Global X Funds Global X Defense Tech ETF (NYSE:SHLD) and First Trust Exchange-Traded Fund First Trust Indxx Aerospace & Defense ETF (NYSE:MISL).
投資者可以通過Global X Funds Global X Defense Tech ETF(紐約證券交易所代碼:SHLD)和第一信託交易所交易基金第一信託指數航空航天與國防ETF(紐約證券交易所代碼:MISL)獲得股票敞口。
HII Price Action: Huntington Ingalls shares are down 11.03% at $246.35 at the last check Thursday.
HII價格走勢:亨廷頓英格爾斯股價在週四的最後一次檢查中下跌11.03%,至246.35美元。
Photo: Courtesy Huntington Ingalls
照片:由亨廷頓·英格爾斯提供
譯文內容由第三人軟體翻譯。