Howmet Aerospace Shares Rise Following Q3 2026 Earnings Beat and Raised Guidance
Howmet Aerospace (HWM) shares climbed significantly after the company reported third-quarter 2026 financial results that exceeded analyst expectations. The aerospace parts manufacturer posted revenue of $2.7 billion, a 29% year-over-year increase, and adjusted earnings per share of $1.46, both surpassing consensus estimates. Driven by strong performance, management raised its full-year 2026 guidance for both revenue and free cash flow. The company now projects annual revenue between $10.29 billion and $10.31 billion, up from previous estimates of approximately $10.05 billion. Additionally, the updated outlook expects free cash flow to reach between $1.95 billion and $2.05 billion.
Tickers: $HWM
Topics: earnings beat free cash flow guidance increase revenue growth