Howmet Aerospace Inc Aktie News

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace to Participate in Bernstein's 40th Annual Strategic Decisions Conference.

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace to Host Virtual Webcast of Annual Meeting of Shareholders.

Howmet Aerospace Inc. (NYSE: HWM) recently revealed stellar performance numbers for the first quarter of 2024. The company's earnings report for Q1 2024, released on May 2, 2024, exceeded market expectations across key metrics, propelling its stock to new all-time highs.

Howmet Aerospace reports strong Q1 earnings, beating analyst estimates with 14% revenue growth and 21% increase in adjusted EBITDA. The company's diversified end-market perspective and strength in aerospace segments contribute to its strong earnings. Challenges with the Boeing 737 MAX program impact Howmet Aerospace's delivery assumptions, but the company sees upward pressure on its 2024 earnings.

Howmet Aerospace Inc. (NYSE:HWM ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Paul Luther – Vice President of Investor Relations John Plant – Executive Chairman and Chief Executive Officer Ken Giacobbe – Executive Vice President and Chief Financial Officer Conference Call Participants Noah Poponak – Goldman Sachs Robert Stallard – Vertical Research Robert Sping...

Howmet surpassed earnings and revenue estimates for the quarter. The company raised full-year guidance despite reducing its expected sales to Boeing in 2024.

The aerospace supplier expects to ship parts for 20 Boeing 737 MAX jets a month . Prior guidance assumed 34 a month.

Defense, engine parts maker Howmet Aerospace cleared Q1 views with record revenue. The company lifted its outlook, dividend.