Howmet (HWM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors of ...

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? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven stra ...

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. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. With a robust revenue of $1.82 billion, representing a remarkable 14% increase year over year, the company reported earnings per share ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-3610 HOWMET AEROSPACE INC. (Exact name of registrant as specified in its charter) Delaware 25-0317820 (State of incorporation) (I.R.S. Employer Identification No.) ...

Howmet Aerospace Inc.’s (HWM) first-quarter 2024 adjusted earnings of 57 cents per share beat the Zacks Consensus Estimate of 52 cents. The bottom line improved 35.7% year over year. Total revenues of $1.8 billion surpassed the consensus estimate of $1.7 billion. The top line increased 14% from the year-ago quarter. The increase was backed by an improved commercial aerospace market. Segmental Details The Engine Products segment’s revenues totaled $885 million, representing 48.5% of net revenues. On a year- ...

财务数据和关键指标变化 - 第一季度收入为18.24亿美元,同比增长14% [6] - 调整后EBITDA为4.37亿美元,同比增长21%,增量利润率为35% [6] - 调整后EBITDA利润率为24%,同比提升150个基点 [6] - 调整后营业利润增长27%,利润率超过20% [6] - 调整后每股收益为0.57美元,同比增长36%,环比增长8% [6] 各条业务线数据和关键指标变化 - 发动机产品业务收入增长11%至8.85亿美元,EBITDA增长17%至2.49亿美元,EBITDA利润率达28.1% [21][22][24] - 紧固系统业务收入增长25%至3.89亿美元,EBITDA增长59%至0.92亿美元,EBITDA利润率达23.7% [25][26] - 工程结构业务收入增长27%至2.62亿美元,EBITDA略有下降至14.1% [27][28] - 锻造轮毂业务收入基本持平,EBITDA增长4%,EBITDA利润率为28.5% [29] 各个市场数据和关键指标变化 - 商用航空市场收入增长23%,占总收入约50% [9] - 国防航空市场收入增长12% [10] - 商用运输市场收入略有增长,公司通过铝轮毂替代钢轮毂来抵消市场疲软 [10] - 工业及其他市场收入增长7%,其中油气增长15%,通用工业增长10%,燃气轮机发电业务持平 [10] 公司战略和发展方向及行业竞争 - 公司继续利用差异化技术帮助客户制造更轻、更节油的飞机和商用卡车,减少碳排放 [32] - 公司正在扩大发动机业务,以实现之前提到的市场份额增长 [44] - 公司预计2025年之前将实现33%的温室气体排放减少目标 [33][34] 管理层对经营环境和未来前景的评论 - 商用航空市场需求持续强劲,但受制于新飞机供给,尤其是737 MAX的产量下降 [35][36][37][38][39] - 公司已重新规划全年,预计737 MAX产量将从之前的34架/月下降至20架/月 [38][39][40] - 公司预计2024年收入约73亿美元,调整后EBITDA约17.5亿美元,调整后每股收益2.35美元,自由现金流约8亿美元 [41] - 公司将在下半年提高股息,由每股0.05美元增加至0.07美元,增幅40% [42] 问答环节重要的提问和回答 问题1 **Noah Poponak 提问** 询问737 MAX产量下降的具体情况 [55][56][57][58][59][60][61][62][63][64] **John Plant 回答** 详细解释了公司对737 MAX产量下降的假设和应对措施 [56][57][58][59][60][61][62][63][64] 问题2 **Robert Stallard 提问** 询问787机型的产量情况 [68][69][70][71] **John Plant 回答** 解释了公司对787机型产量的假设和调整 [69][70][71] 问题3 **Robert Spingarn 提问** 询问公司如何应对波音产量波动,实现业务增长 [77][78][79][80][81][82][83][84][85][86][87] **John Plant 回答** 详细解释了公司的生产灵活性,以及应对措施和未来投资计划 [78][79][80][81][82][83][84][85][86][87]

This under-the-radar aerospace manufacturer is finally getting its due. Howmet Aerospace (HWM 15.96%) easily topped quarterly expectations, raised full-year guidance, and telegraphed a big boost to its dividend later this year. Investors are buying in, sending shares up 16% as of 11:15 a.m. ET. Strong results despite Boeing's issues Howmet is a collection of jet engine and aerospace component businesses that were cobbled together by Alcoa before being spun out as an independent. The company earned $0.57 per ...

First Quarter 2024 Earnings Call John Plant: Executive Chairman and Chief Executive Officer Ken Giacobbe: EVP and Chief Financial Officer May 2, 2024 Important Information Forward–Looking Statements This presentation contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as "anticipates“, "believes“, "could“, “ ...

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. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 9.62%. A quarter ago, it was expected that this maker of engineered products for the aerospace and other industries would post earnings of $0.46 per share when it actually produced earnings of $0.53, delivering a surprise ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Investor Contact Media Contact Paul T. Luther Rob Morrison (412) 553-1950 (412) 553-2666 Paul.Luther@howmet.com Rob.Morrison@howmet.com Howmet Aerospace Reports First Quarter 2024 Results Record Quarterly Revenue, Up 14% Year Over Year; Strong Profit and Cash from Operations $150 Million Deployed for Common Stock Repurchases Full Year 2024 Guidance Increased First Quarter 2024 GAAP Financial Results · Revenue of $1.82 billion, up 14% year over year, driven by commercial ae ...