Howmet Aerospace Inc.’s (HWM) third-quarter 2024 adjusted earnings of 71 cents per share beat the Zacks Consensus Estimate of 65 cents. The bottom line surged 9.2% year over year.Total revenues of $1.84 billion missed the consensus estimate of $1.85 billion. The top line increased 10.7% from the year-ago quarter. The increase was backed by strength in the company’s commercial aerospace market.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Howmet’s Segmental DetailsThe Engine Produc ...

Howmet (HWM) reported $1.84 billion in revenue for the quarter ended September 2024, representing a yearover-year increase of 10.7%. EPS of $0.71 for the same period compares to $0.46 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.85 billion, representing a surprise of -1.03%. The company delivered an EPS surprise of +9.23%, with the consensus EPS estimate being $0.65. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Third Quarter 2024 Earnings Call John Plant: Executive Chairman and Chief Executive Officer Ken Giacobbe: EVP and Chief Financial Officer November 6, 2024 Important Information Forward–Looking Statements This presentation contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as "anticipates," "believes," "coul ...

Howmet (HWM) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.23%. A quarter ago, it was expected that this maker of engineered products for the aerospace and other industries would post earnings of $0.60 per share when it actually produced earnings of $0.67, delivering a surprise of ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Investor Contact Media Contact Paul T. Luther Rob Morrison (412) 553-1950 (412) 553-2666 Paul.Luther@howmet.com Rob.Morrison@howmet.com Howmet Aerospace Reports Third Quarter 2024 Results Revenue Up 11% Year Over Year; Strong Profit and Cash from Operations $282 Million Debt Reduction; $100 Million Deployed for Common Stock Repurchases 2025 Preliminary Revenue Guidance: Up Approximately 7.5% Year over Year Third Quarter 2024 GAAP Financial Results · Revenue of $1.84 billio ...

Howmet Aerospace Inc. (HWM) is scheduled to release third-quarter 2024 earnings on Nov. 6, before market open.The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 days. HWM has an impressive earnings surprise history. Its earnings beat the consensus estimate in each of the preceding four quarters, delivering an average surprise of 10.9%.Let’s see how things have shaped up for Howmet Aerospace before the announcement.Stay up-to-date with all quarterly releases: See Zacks ...

In its upcoming report, Howmet (HWM) is predicted by Wall Street analysts to post quarterly earnings of $0.65 per share, reflecting an increase of 41.3% compared to the same period last year. Revenues are forecasted to be $1.85 billion, representing a year-over-year increase of 11.8%.The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial est ...

In the latest market close, Howmet (HWM) reached $101.14, with a +1.05% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.33%. Elsewhere, the Dow lost 0.22%, while the tech-heavy Nasdaq lost 0.56%. Shares of the maker of engineered products for the aerospace and other industries witnessed a loss of 0.82% over the previous month, beating the performance of the Aerospace sector with its loss of 6.93% and underperforming the S&P 500's gain of 1.83%. Investors will be eager ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is m ...

A disclosure published on October 14 reveals that Michael McCaul, the congressional representative of Texas's 10th district, invested between $100,001 and $250,000 in Howmet Aerospace (NYSE: HWM). The trade was executed on September 16 — at which point HWM shares were trading for $94.59. At press time, Howmet stock is trading at $104.17 — having rallied by an impressive 93.87% on a year-to-date (YTD) basis. Since McCaul's purchase, HWM has surged by 10.12%. According to the latest data from the US Senator S ...