Howmet Aerospace Soars 6.08% on Upbeat 2025 Profit Forecast

On May 1, 2025, Howmet Aerospace's stock price surged by 6.08% in pre-market trading, reflecting a strong start to the day's trading session.

Howmet Aerospace has recently updated its 2025 profit forecast, projecting adjusted profit per share to be between $3.36 and $3.44. This revision is driven by robust demand for aerospace parts and current assumptions on tariff impacts, marking an increase from earlier estimates of $3.13 to $3.21 per share.

Over the past eight quarters, Howmet Aerospace has demonstrated consistent earnings growth, ranging from 26% to 54%. In the fourth quarter, the company reported a 40% year-over-year increase in earnings, highlighting its strong financial performance.

In the first quarter of 2025, Howmet Aerospace reported a 6.5% increase in revenue, reaching $1.942 billion compared to $1.824 billion in the previous year. However, the company's earnings for the period missed analysts' estimates, indicating some challenges in meeting market expectations.