Howmet Aerospace Q4 revenue up 15%, beats estimates

Howmet Aerospace

12/02/2026 12:08

Overview

Aerospace solutions provider's Q4 revenue grew 15%, beating analyst expectations

Adjusted EPS for Q4 rose 42% yr/yr

Company entered agreement to acquire CAM for $1.8 bln

Outlook

Howmet Aerospace expects FY 2026 revenue between $9 bln and $9.2 bln

Company projects Q1 2026 revenue between $2.225 bln and $2.245 bln

Howmet anticipates improved profit and cash generation in 2026

Result Drivers

COMMERCIAL AEROSPACE GROWTH - Revenue growth driven by 13% increase in commercial aerospace market

DEFENSE AEROSPACE GROWTH - 20% increase in defense aerospace market contributed to revenue growth

GAS TURBINES GROWTH - 32% increase in gas turbines market supported revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$2.20 bln
$2.13 bln (17 Analysts)
Q4 Adjusted EPS
$1.05
Q4 EPS
$0.92
Q4 Net Income
$372 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for Howmet Aerospace Inc is $240.00, about 4% above its February 11 closing price of $230.85

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 48 three months ago

Press Release: ID:nPn6PbS3Ta

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)