Howmet Aerospace Q2 Revenue Jumps 24%, Raises 2026 Guidance Across the Board
HWM sits 75% above its 52-week low of $169.45.
Summary
Howmet Aerospace delivered a strong Q2 beat with revenue of $2.55B, up 24% YoY and well above the $2.43B consensus. Adjusted EPS of $1.33 surged 46% YoY, topping the $1.25 estimate. The company raised its full-year 2026 guidance: revenue now seen at $10B-$10.1B, adjusted EBITDA at $3.21B-$3.25B, and adjusted EPS at $5.23-$5.31, each up meaningfully from prior baselines. The $1.8B CAM acquisition closed in the quarter, contributing to Fastening Systems growth, while $300M in stock buybacks were executed. This follows the August 4 analyst preview that had set high expectations; the actual results and guidance lift exceeded even those bullish forecasts. With shares trading near a 52-week high and strong demand across commercial aerospace, defense, and gas turbines, the outlook is robust.
At the time of this announcement, HWM was trading at $295.99 on NYSE in the Manufacturing sector, with a market capitalization of approximately $116.6B. The 52-week trading range was $169.45 to $295.28. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.