BUZZ-Howmet rises after raising annual revenue forecast

Howmet Aerospace Inc.

Howmet Aerospace Inc.

HWM

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** 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