Equity Profile

HII

Huntington Ingalls Industries, Inc.

IndustrialsAerospace & Defense$11.2B

Jul30Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Huntington Ingalls Industries, Inc. (HII) is a leading provider of military shipbuilding and defense services, primarily serving the U.S....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth is essential to assess the company's ability to expand its operations and capture new contracts.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HII Q2-2026 Earnings Preview

Context

Company Snapshot

Huntington Ingalls Industries, Inc. (HII) is a leading provider of military shipbuilding and defense services, primarily serving the U.S. Navy. With a market cap of $11 billion, the company plays a crucial role in national security and defense, making it a significant player in the aerospace and defense sector.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+7.54%

Avg Stock Reaction

-7.05%

Last Quarter Recap

In Q1-2026, HII reported an EPS of $3.79, beating estimates by 2.52%. However, the stock fell 10.25% the following day, indicating market concerns despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the earnings report, given HII's history of beating EPS estimates. However, the recent stock declines post-earnings may lead to skepticism about future performance.

Bull Case

If HII continues its trend of beating EPS estimates, it could signal strong operational efficiency and robust demand for defense services, potentially leading to a stock rebound.

Bear Case

Concerns about defense spending cuts or contract delays could weigh heavily on the stock, especially if the company fails to meet or provide strong guidance.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the outlook for new defense contracts in the upcoming quarters?

This will provide insight into future revenue streams and the company's growth trajectory, which is critical for investor confidence.

How is HII managing costs in light of recent inflationary pressures?

Cost management is crucial for maintaining profitability, especially if revenue growth is slower than expected.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating HII's ability to secure new contracts, especially given the ongoing geopolitical tensions that could drive defense spending higher than anticipated.

Supporting Evidence

HII has a strong track record of winning contracts, with a 75% EPS beat rate over the past quarters.

The options market is pricing in a significant move, indicating that traders expect volatility, which could suggest a positive surprise.

Recent trends in defense spending have shown increased budgets that may not be fully reflected in analyst estimates.

Key Risk

If new contract announcements exceed expectations, it could significantly shift market sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on contract awards and cost management, which are vital for sustaining profitability and growth.

Bull Confirmed If

A new defense contract win valued at over $500 million would confirm the bull case.

Bear Confirmed If

Any guidance indicating a decline in defense spending or contract delays would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±10.72%

Historical Avg

±10.7%

In line with history

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±10.7% while HII has averaged ±10.7% over the last 8 prints — setup is roughly in line with history.

Detail

ATM IV

0.4%

30d HV

41.5%

Calls (5K)P/C Ratio: 1.59Puts (6K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.8%, with a raw directional average of +1.9% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HII beats expectations and raises guidance, history suggests a potential stock increase of around 6.9% based on past performance.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may experience muted movement as investors reassess future growth.

Miss

Should HII miss expectations, history suggests a decline of around 22.24%, reflecting market disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on the status of major defense contracts and potential new awards.
2Any commentary on cost management strategies in response to inflation.
3Insights into the company's long-term growth strategy and market positioning.
4Details on the impact of geopolitical events on defense spending.
5Management's outlook on revenue growth for the next fiscal year.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Huntington Ingalls Industries, Inc. (HII) is a leading provider of military shipbuilding and defense services, primarily serving the U.S....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating revenue.

N/A

Revenue Growth

Revenue growth is essential to assess the company's ability to expand its operations and capture new contracts.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HII Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+7.54%

Avg Stock Reaction

-7.05%

Last Quarter Recap

In Q1-2026, HII reported an EPS of $3.79, beating estimates by 2.52%. However, the stock fell 10.25% the following day, indicating market concerns despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If HII continues its trend of beating EPS estimates, it could signal strong operational efficiency and robust demand for defense services, potentially leading to a stock rebound.

Bear Case

Concerns about defense spending cuts or contract delays could weigh heavily on the stock, especially if the company fails to meet or provide strong guidance.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the outlook for new defense contracts in the upcoming quarters?

This will provide insight into future revenue streams and the company's growth trajectory, which is critical for investor confidence.

How is HII managing costs in light of recent inflationary pressures?

Cost management is crucial for maintaining profitability, especially if revenue growth is slower than expected.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating HII's ability to secure new contracts, especially given the ongoing geopolitical tensions that could drive defense spending higher than anticipated.

Supporting Evidence

HII has a strong track record of winning contracts, with a 75% EPS beat rate over the past quarters.

The options market is pricing in a significant move, indicating that traders expect volatility, which could suggest a positive surprise.

Recent trends in defense spending have shown increased budgets that may not be fully reflected in analyst estimates.

Key Risk

If new contract announcements exceed expectations, it could significantly shift market sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on contract awards and cost management, which are vital for sustaining profitability and growth.

Bull Confirmed If

A new defense contract win valued at over $500 million would confirm the bull case.

Bear Confirmed If

Any guidance indicating a decline in defense spending or contract delays would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±10.72%

Historical Avg

±10.7%

In line with history

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±10.7% while HII has averaged ±10.7% over the last 8 prints — setup is roughly in line with history.

Detail

ATM IV

0.4%

30d HV

41.5%

Calls (5K)P/C Ratio: 1.59Puts (6K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If HII beats expectations and raises guidance, history suggests a potential stock increase of around 6.9% based on past performance.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may experience muted movement as investors reassess future growth.

Miss

Should HII miss expectations, history suggests a decline of around 22.24%, reflecting market disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on the status of major defense contracts and potential new awards.
2Any commentary on cost management strategies in response to inflation.
3Insights into the company's long-term growth strategy and market positioning.
4Details on the impact of geopolitical events on defense spending.
5Management's outlook on revenue growth for the next fiscal year.