Shares of Huntington Ingalls Industries (HII) surged 5.72% in pre-market trading on Thursday following the release of its third-quarter 2025 financial results that exceeded analyst expectations and an upward revision of its full-year guidance.
The military shipbuilder reported earnings per share of $3.68 for Q3, significantly beating the analyst consensus estimate of $3.34. This represents a 43.75% increase from $2.56 per share in the same quarter last year. Revenue for the quarter came in at $3.192 billion, surpassing the analyst estimate of $2.960 billion by 7.85% and marking a 16.11% year-over-year growth.
Huntington Ingalls also raised its full-year 2025 guidance, increasing the lower end of its revenue forecast for both its shipbuilding and mission technologies segments. The company now expects shipbuilding revenue between $9.0 billion and $9.1 billion, up from the previous range of $8.9 billion to $9.1 billion. Additionally, HII lifted its free cash flow guidance for the year to between $550 million and $650 million. CEO Chris Kastner noted that targeted investments are strengthening the company's workforce and building a more robust maritime supply chain to support higher shipbuilding throughput, which has contributed to the improved outlook.