Add as a preferred source on GoogleHowmet Shares Rise as 2027 Revenue Outlook Reaches About $11.5 Billion
The company also raised its 2026 earnings and free cash flow forecasts, authorized another $5 billion in share repurchases and increased its quarterly dividend by 17%.
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.
The company also authorized an additional $5 billion in share repurchases and increased its quarterly dividend by 17%. Its operating margin rose to 28.7% from 25.9%. Engine Products posted a 39.1% adjusted EBITDA margin, while margins narrowed in Fastening Systems and Forged Wheels.
The results add a company earnings update to TokenPost’s earlier coverage of J.P. Morgan’s view of Howmet among aerospace companies ahead of third-quarter reports.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.