Howmet Aerospace exceeds Q1 earnings and revenue expectations, driven by commercial aerospace market strength.

From Nasdaq: 2025-05-01 12:35:00

Howmet Aerospace Inc. reported first-quarter 2025 adjusted earnings of 86 cents per share, surpassing the Zacks Consensus Estimate of 77 cents. Total revenues of $1.94 billion also beat expectations, driven by strength in the commercial aerospace market.

Segment-wise, Engine Products revenues grew 13%, Fastening Systems revenues increased 6%, Engineered Structures revenues rose 8%, and Forged Wheels revenues declined by 12.5% due to lower volumes in the commercial transportation market.

Howmet’s adjusted EBITDA increased by 28% year over year, with an adjusted EBITDA margin of 28.8%. The company’s balance sheet showed stable long-term debt and cash flow generation in the first quarter of 2025.

For the second quarter, Howmet expects revenues between $1.98-$2.0 billion, with adjusted EBITDA in the range of $555-$565 million. Adjusted earnings per share are estimated to be 85-87 cents.

Looking ahead to 2025, Howmet forecasts revenues between $7.88-$8.18 billion, with adjusted EBITDA expected to be $2.225-$2.275 billion. Adjusted earnings per share are projected to be $3.36-$3.44, with free cash flow in the range of $1.1-$1.12 billion.

Howmet Aerospace Inc. currently carries a Zacks Rank #4 (Sell). Some better-ranked companies include Griffon Corporation (GFF), Insteel Industries (IIIN), and Energy Recovery (ERII), each with positive earnings surprises and growth potential.



Read more at Nasdaq: Howmet’s Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y