Howmet beats Q3 sales expectations on commercial, defense aero demand; hikes FY forecasts

Howmet Aerospace

30/10/2025 11:26

Overview

Howmet Q3 2025 revenue grows 14% yr/yr, beating analyst expectations

Adjusted EPS for Q3 2025 up 34% yr/yr, reflecting strong operational performance

Company repurchased $200 mln of common stock in Q3 2025, reducing debt by $63 mln

Outlook

Howmet Aerospace raises full-year 2025 guidance on all metrics

Company expects 2026 revenue of approximately $9 bln, up ~10% year over year

Company sees Q4 2025 revenue between $2.090 bln and $2.110 bln

Result Drivers

COMMERCIAL AEROSPACE - Revenue growth driven by 15% increase in commercial aerospace sector

DEFENSE AEROSPACE - 24% growth in defense aerospace market contributed to revenue increase

INDUSTRIAL GROWTH - Industrial and other markets grew by 18%, offsetting declines in commercial transportation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$2.08 bln
$2.04 bln (15 Analysts)
Q3 Adjusted EPS
$0.95
Q3 EPS
$0.95
Q3 Net Income
$385 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 5 "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 $210.00, about 3.1% above its October 29 closing price of $203.48

The stock recently traded at 49 times the next 12-month earnings vs. a P/E of 48 three months ago

Press Release: ID:nPn5Wvsgla

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(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.)