Huntington Ingalls Industries (NYSE:HII) reported Q4 earnings that were well ahead of analysts’ estimates.

The ship- and submarine builder said its adjusted diluted earnings rose nearly 28% to $1.66, exceeding the $1.22 average estimate from analysts polled by Capital IQ, if comparable. On a non-adjusted basis, diluted net earnings rose to $91 million from $50 million. Sales in the quarter meanwhile rose 6.2% to $1.94 billion, also ahead of the $1.8 billion consensus.

“Performance continues to improve at Ingalls, and we are on schedule to meet our 2015 operating margin goal,” CEO Mike Petters said in a statement.

HII closed lower 0.1% but recovered that and more in after-hours trading Wednesday, by rising 1.7%. The stock is trading near the 52-week high of $99.57.

Fast food company Wendy’s (NASDAQ:WEN) reported Q4 earnings of $0.11 per share, a penny ahead of the analyst consensus on Capital IQ. Revenue was $592 million, in line with expectations.   The company reiterated its outlook for 2014 Adjusted EBITDA of $390 million to $400 million, despite the adverse impact from winter storms during the first quarter.

The company also continues to expect 2014 Adjusted Earnings Per Share of $0.34 to $0.36. The Street view is $0.34 per share. It also expects average same-restaurant sales growth of 2.5 to 3.5 percent at company-operated restaurants.

ADRs of Royal Bank of Scotland (RBS) are sharply lower this morning after the company reported a Q4 pre-tax loss of GBP8.24 billion. Net interest income edged up 1%.

Straddle prices for stocks expected to report quarterly financial results on Friday   3D Systems (DDD) February weekly 75 straddle priced for 6.8% move.