Spare Parts Demand and Margin Expansion Offset Uncertainty in Commercial Transportation
From Stockstory.org does not belong to any specific media company.: 2025-05-05 19:36:00
Howmet (NYSE:HWM) met revenue expectations in Q1 CY2025 with sales up 6.5% year-on-year to $1.94 billion, but next quarter’s revenue guidance of $1.99 billion fell short by 0.7%. Non-GAAP profit of $0.86 per share beat estimates by 11%. The company reconfirmed full-year revenue guidance of $8.03 billion and raised adjusted EPS guidance to $3.40. Improvements in process control and demand for engine spares drove strong performance. Despite macroeconomic and geopolitical uncertainties, Howmet is investing in capacity expansion. Analysts question air traffic growth impact, turbine upgrades, and tariff mitigation. Howmet is trading at a forward P/E ratio of 45.6×.
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