Why Howmet Aerospace Stock Is Flying Higher Today
Howmet Aerospace(HWM) The Motley Fool·2024-07-30 23:10
Strong commercial aerospace demand fuels a big quarterly beat.Howmet Aerospace (HWM 13.04%) beat Wall Street expectations for the second quarter thanks to strong performance across all segments. The company also set targets for the year that were above estimates.Investors are buying in, sending shares of Howmet up 14% as of 10:15 a.m. ET.Demand-fueled beatHowmet is a relatively new public company with a long history. The company is a manufacturer of components for aircraft and jet engines as well as aluminu ...