Howmet Aerospace

Howmet Aerospace, Inc. engages in provision of engineered solutions for the aerospace and transportation industries. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in the production of aerospace fastening systems, as well as commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Howmet Aerospace reports robust Q4 performance amidst market challenges

Howmet Aerospace delivered a strong Q4 performance, meeting or exceeding key financial metrics and demonstrating resilience amidst market challenges.
While facing uncertainties related to inflation, supply chain disruptions, and demand patterns, the company remains cautiously optimistic about growth opportunities.
Strategic focus on operational efficiency, liquidity management, and market responsiveness underpins Howmet Aerospace's ability to navigate evolving industry dynamics.
Balancing financial discipline with operational readiness, the company aims to leverage strengths, address challenges, and capitalize on growth opportunities for sustainable performance.

Howmet Aerospace reports robust Q1 growth, eyes pricing opportunities

Howmet Aerospace's Q1 2023 performance showcased strong revenue growth and margin improvement, driven by key segments like Commercial Aerospace and Engine Products. The company's focus on ESG initiatives and shareholder value creation underpins its strategic direction.
While facing challenges in titanium supply and labor negotiations, Howmet Aerospace is poised to capitalize on pricing opportunities in the Engine segment and recovery in spares demand. Projections for 2023 and 2024 signal a positive growth trajectory.
Overall, Howmet Aerospace's Q1 results reflect a resilient performance amidst market dynamics, with a strategic emphasis on sustainable practices and operational efficiency. The company's proactive steps in addressing challenges and leveraging growth opportunities position it for continued success.

Howmet Aerospace excels in Q2, addresses challenges for growth

Howmet Aerospace's Q2 2023 performance reflects strong revenue growth, exceeding earnings expectations.
Challenges in the Structures segment and labor productivity are being addressed for improved operational efficiency.
The company's positive outlook, backed by a strong backlog and market opportunities, sets the stage for continued growth.

Howmet Aerospace surpasses Q3 expectations, eyes growth amid operational challenges

Howmet Aerospace's Q3 performance exceeded expectations, driven by revenue growth, margin expansion, and effective capital allocation strategies, showcasing financial strength and resilience.
While facing challenges in certain segments and operational aspects, the company remains well-positioned to capitalize on market opportunities, enhance operational efficiency, and drive long-term value creation.
Optimism for resolving supply chain issues, sustaining positive pricing trends, and achieving margin stability by 2025 underpin Howmet's strategic focus on growth, profitability, and shareholder value.
Strategic outlook for 2024 includes revenue growth, debt reduction, and margin stability, supported by market opportunities, operational improvements, and prudent capital allocation decisions.

Howmet Aerospace excels in Q4 2023, anticipates revenue growth

Howmet Aerospace delivered robust financial performance in Q4 2023, showcasing revenue and EBITDA growth, record EPS, and strong free cash flow. The company's focus on balanced capital allocation and expectations for revenue growth in 2024 highlight its strategic positioning for the future.

Howmet Aerospace reports stellar Q1 results, eyes growth opportunities

Howmet Aerospace excelled in Q1 2024, showcasing strong financial performance, strategic planning for emissions reduction, and a focus on shareholder value through dividend hikes and capital allocation. While facing challenges in Boeing's production rates and future turbine componentry, the company is well-positioned to leverage growth opportunities in the aerospace market.

Howmet Aerospace excels in Q2, raises guidance and shareholder returns

Howmet Aerospace's Q2 results reflect strong financial performance, highlighted by revenue and earnings growth, debt reduction, and strategic investments in capacity expansion. The company's optimistic outlook, increased dividends, and share buyback authorization signal confidence in its ability to drive growth and enhance shareholder returns.

Howmet Aerospace excels in Q3, eyes aerospace growth opportunities

Howmet Aerospace's Q3 performance reflects strong revenue and earnings growth, driven by diverse aerospace and industrial market segments. Despite revenue challenges, the company's strategic focus on growth opportunities and shareholder value enhancement positions it well for future expansion and profitability.

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Howmet Aerospace, Inc. engages in the development and manufacturing of lightweight metal products. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in producing aerospace fastening systems and commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

Investors looking for stocks in the Engineering - R and D Services sector might want to consider either M-tron Industries, Inc. (MPTI) or Howmet (HWM). But which of these two stocks is more attractive to value investors?

MPTI or HWM: Which Is the Better Value Stock Right Now?

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.

Should you buy Howmet Aerospace at current levels?

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.

Why Howmet Aerospace Stock Is Soaring

The headline numbers for Howmet (HWM) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Howmet (HWM) Reports Q1 Earnings: What Key Metrics Have to Say

Howmet's (HWM) first-quarter 2024 revenues increase 14% driven by an improved commercial aerospace market.

Howmet (HWM) Q1 Earnings Beat Estimates, Revenues Increase Y/Y

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 Spingarn – Melius Research Doug Harned – Bernstein Ken Herbert – RBC Capital Markets Myles Walton – Wolfe Research Sheila Kahyaoglu – Jefferies Gautam Khanna – TD Cowen Ronald Epstein – Bank of America Operator Good morning and welcome to the Howmet Aerospace First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Howmet Aerospace Inc. (HWM) Q1 2024 Earnings Call Transcript

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

Why Howmet Aerospace Stock Is Soaring Higher Today

Howmet (HWM) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.42 per share a year ago.

Howmet (HWM) Surpasses Q1 Earnings and Revenue Estimates

Boeing

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

Howmet Stock Soars Despite Slashing Boeing 737 MAX Guidance. Here's Why.

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

Howmet Aerospace Set To Break Out On Hoisted Guidance, Dividend, Record Revenue

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Reports First Quarter 2024 Results.

Howmet Aerospace Reports First Quarter 2024 Results

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Strength in the Engine products segment due to growth in commercial aerospace, defense aerospace and industrial gas turbine markets is likely to aid Howmet Aerospace's (HWM) first-quarter 2024 results.

Howmet Aerospace (HWM) to Post Q1 Earnings: What to Expect?

Besides Wall Street's top -and-bottom-line estimates for Howmet (HWM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Insights Into Howmet (HWM) Q1: Wall Street Projections for Key Metrics

Howmet (HWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Howmet (HWM) Reports Next Week: Wall Street Expects Earnings Growth

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PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace to Host Webcast and Announce First Quarter 2024 Results.

Howmet Aerospace to Host Webcast and Announce First Quarter 2024 Results

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Announces Leadership Appointment.

Howmet Aerospace Announces Leadership Appointment

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Howmet (HWM) stands to gain from strength in the commercial aerospace, and oil and gas markets. However, rising costs pose a threat to its profitability.

Howmet (HWM) to Benefit From Business Strength Amid Risks

Howmet (HWM) reported earnings 30 days ago. What's next for the stock?

Howmet (HWM) Up 3.6% Since Last Earnings Report: Can It Continue?

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace to Participate in Bank of America Global Industrials Conference.

Howmet Aerospace to Participate in the Bank of America Global Industrials Conference

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Howmet Aerospace specializes in advanced engineered solutions for the aerospace and commercial transportation industries.

News for Howmet Aerospace Stock (HWM)