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.
亨廷顿英格尔斯工业公司（纽约证券交易所代码：HII）公布24财年第一季度业绩后，股价走低。
Sales and service revenue increased 4.9% Y/Y to $2.81 billion, beating the consensus of $2.79 billion.
销售和服务收入同比增长4.9％，达到28.1亿美元，超过了市场预期的27.9亿美元。
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).
按细分市场划分的收入：英格尔斯造船6.55亿美元（同比增长13.5％），纽波特纽斯造船业14.3亿美元（同比下降4.8％），使命科技7.5亿美元（同比增长20.2％）。
EPS of $3.87, up 19.8% Y/Y, beat the consensus of $3.49.
每股收益为3.87美元，同比增长19.8％，超过了3.49美元的共识。
Operating income increased 9.2% Y/Y to $154 million, and the margin expanded by 22 bps Y/Y to 5.5%.
营业收入同比增长9.2％，达到1.54亿美元，利润率同比增长22个基点至5.5％。
Segment operating income was $170 million (+9.0% Y/Y), and the margin was 6.1%, up 23 bps Y/Y.
分部营业收入为1.7亿美元（同比增长9.0％），利润率为6.1％，同比增长23个基点。
Huntington Ingalls's operating cash flow for the quarter totaled $202 million and a negative free cash flow of $274 million.
亨廷顿·英格尔斯本季度的运营现金流总额为2.02亿美元，负自由现金流为2.74亿美元。
New contract awards for 2023 were $3.1 billion, with a total backlog of around $48.4 billion as of March 31, 2024.
2023年的新合同授予额为31亿美元，截至2024年3月31日，积压的合同总额约为484亿美元。
"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.
总裁兼首席执行官克里斯·卡斯特纳表示：“任务技术的强劲增长和稳定的造船进展为2024年及以后的剩余时间奠定了坚实的基础。”
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财年展望：亨廷顿英格尔斯工业公司预计造船收入为88亿至91亿美元，相应的营业利润率为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%.
亨廷顿·英格尔斯预计，Mission Technologies的收入为27.0亿美元至27.5亿美元，营业利润率为3.0％-3.5％，Mission Technologies的息税折旧摊销前利润率为8.0％-8.5％。
Huntington Ingalls Industries expects FY24 free cash flow of $600 million-$700 million.
亨廷顿英格尔斯工业公司预计，24财年的自由现金流为6亿至7亿美元。
The company continues to expect FY24-FY28 free cash flow of $3.6 billion.
该公司继续预计，FY24-FY28 的自由现金流为36亿美元。
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).
投资者可以通过Global X Funds Global X Defense Tech ETF（纽约证券交易所代码：SHLD）和第一信托交易所交易基金第一信托指数航空航天与国防ETF（纽约证券交易所代码：MISL）获得股票敞口。
HII Price Action: Huntington Ingalls shares are down 11.03% at $246.35 at the last check Thursday.
HII价格走势：亨廷顿英格尔斯股价在周四的最后一次检查中下跌11.03％，至246.35美元。
Photo: Courtesy Huntington Ingalls
照片：由亨廷顿·英格尔斯提供