Howmet Aerospace Inc. reports results for the quarter ended June 30 - Earnings Summary
Howmet Aerospace Inc. reports results for the quarter ended June 30 - Earnings Summary
Howmet Aerospace Inc. HWM.N reported quarterly adjusted earnings of $1.33 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of nineteen analysts for the quarter was for earnings of $1.25 per share. Wall Street expected results to range from $1.21 to $1.29 per share.
Revenue rose 24.1% to $2.55 billion from a year ago; analysts expected $2.43 billion.
Howmet Aerospace Inc.'s reported EPS for the quarter was $1.44.
The company reported quarterly net income of $580 million.
Howmet Aerospace Inc. shares had risen by 8.4% this quarter and gained 42.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.5% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"
Wall Street's median 12-month price target for Howmet Aerospace Inc. is $311.00, about 6.3% above its last closing price of $291.42
This summary was machine generated from LSEG data August 6 at 12:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.25 | 1.33 | Beat |
Mar. 31 2026 | 1.11 | 1.22 | Beat |
Dec. 31 2025 | 0.97 | 1.05 | Beat |
Sep. 30 2025 | 0.91 | 0.95 | Beat |