Huntington Ingalls Industries, based in Newport News, VA, focuses on designing, building, and repairing military ships in the US. It operates through segments like Ingalls and Newport News, with a market cap of $11.3 billion.

The industrial major is expected to announce its third-quarter earnings with analysts predicting an EPS of $3.21, a 25.4% growth from the previous year. For fiscal 2025, earnings are projected at $14.75 per share, increasing to $16.86 per share in fiscal 2026.

HII stock prices have risen by 11.9% over the past 52 weeks, exceeding gains of the Industrial Select Sector SPDR Fund (XLI) but falling behind the S&P 500 Index. Following better-than-expected Q2 results, HII stock soared by 7.9% in a single trading session.

Despite a drop in EPS, Huntington Ingalls raised its full-year free cash flow guidance, boosting investor confidence. The stock has a consensus rating of “Moderate Buy” with three “Strong Buys,” seven “Holds,” and one “Moderate Sell.”

Overall, Huntington Ingalls Industries shows positive growth in earnings and stock prices, positioning itself as a key player in the military shipbuilding industry.

Read more at Yahoo Finance: What to Expect From Huntington Ingalls’ Next Quarterly Earnings Report