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Howmet Aerospace (NYSE:HWM – Get Free Report) updated its second quarter 2024 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.570-0.590 for the period, compared to the consensus estimate of 0.540. The company issued revenue guidance of $1.8 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion. Howmet […]
Shares of Arcosa, Inc. (NYSE:ACA – Get Free Report) rose 10.4% during mid-day trading on Friday following a stronger than expected earnings report. The stock traded as high as $85.91 and last traded at $85.65. Approximately 176,515 shares changed hands during trading, a decline of 21% from the average daily volume of 223,278 shares. The […]
Howmet Aerospace (NYSE:HWM – Get Free Report) had its price target raised by equities researchers at Truist Financial from $74.00 to $88.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price target would suggest a potential upside of […]
Howmet Aerospace reported strong Q1 FY24 results, with revenue up 14% and adjusted EPS beating expectations. Outlook has been raised, but 737 MAX production remains a concern.
First Quarter Revenues Up 9%, with Contribution From All Three Segments Adjusted EBITDA Growth of 7%, Normalizing for the $22 Million Land Sale Gain in 2023 Operating Cash Flow of $81 Million,...