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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.
Strategic Financial Maneuvers Position HWM for Continued Growth in 2024
Howmet Aerospace impresses with Q4 FY23 results, posting $1.73 billion in revenue, exceeding expectations. Adjusted EPS climbs 39% Y/Y to $0.53, outpacing estimates. With upbeat Q1 FY24 outlook, the company anticipates revenue of $1.73 billion - $1.75 billion.
India Business News: The Indian Railways has announced a project to produce 2,30,000 forged wheels to meet the annual requirement of 80,000 wheels. Currently, India import
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