NEWPORT NEWS, Va. (AP) — NEWPORT NEWS, Va. (AP) — Huntington Ingalls Industries Inc. (HII) on Thursday reported fourth-quarter earnings of $123 million.

On a per-share basis, the Newport News, Virginia-based company said it had profit of $3.07.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.14 per share.

The shipbuilder posted revenue of $2.81 billion in the period.

For the year, the company reported profit of $579 million, or $14.44 per share. Revenue was reported as $10.68 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HII at https://www.zacks.com/ap/HII