Howmet Shares Rise as 2027 Revenue Outlook Reaches About $11.5 Billion
Photo: TokenPost
Howmet Aerospace shares climbed as much as 6.4% Thursday after the company beat third-quarter earnings and revenue estimates and projected about $11.5 billion in 2027 revenue. The projection is roughly 12% above Howmet’s updated 2026 outlook. The company makes aerospace and industrial components. Its outlook identifies commercial aerospace and gas turbine demand as important contributors to growth. Howmet raised its 2026 adjusted earnings forecast to $5.49 to $5.51 per share. Its free cash flow forecast rose to a range of $1.95 billion to $2.05 billion.
Source: TokenPost
