Howmet Aerospace (NYSE:HWM) Full Year 2024 Results

Key Financial Results

• Revenue: US$7.43b (up 12% from FY 2023).
• Net income: US$1.16b (up 51% from FY 2023).
• Profit margin: 16% (up from 12% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$2.83 (up from US$1.85 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Howmet Aerospace EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%.

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Aerospace & Defense industry in the US.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Howmet Aerospace is showing 1 warning sign in our investment analysis that you should know about...

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