BUZZ-Howmet rises after raising annual revenue forecast
Howmet Aerospace Inc.
Howmet Aerospace Inc. HWM | 0.00 |
** 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
