Howmet Aerospace Inc. (HWM) is expected to report Q2 EPS of $0.87 on $1.99B revenues, up 29.9% and 5.8% year over year, respectively. Despite valuation concerns and weakness in forged wheels, HWM stock has surged 37.4%. The company has a history of beating earnings estimates, with an average surprise of 8.8%. Strong commercial and defense aerospace markets are likely to drive Q2 growth, with revenue estimates indicating a rise in both sectors. However, lower demand in the commercial transportation market and supply-chain disruptions may impact performance. HWM’s valuation remains high compared to peers, which could lead to further pullbacks.

Read more at Zacks Investment Research: Howmet Q2 Earnings Preview: Should You Buy the Stock Now or Wait? – July 29, 2025