Howmet rises after raising annual revenue forecast

Howmet Aerospace

07/05/2026 15:01

** Shares of aircraft parts maker Howmet HWM.N jump 7% to about $274

** Company raises annual forecast, banking on growth in its commercial aerospace and industrial gas turbine businesses

** Q1 profit and revenue also beat Wall Street estimates

** Expects 2026 revenue to range between $9.58 billion and $9.73 billion, up from its previous range of $9 billion to $9.2 billion

** Q1 adjusted profit of $1.22 per share beats analysts' estimate of $1.11 - data compiled by LSEG

** Shares up 35.8% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))