Speaking at a Bernstein conference, Plant emphasized the need to ramp up production, as one of its largest customers, Boeing, had manufactured more than 40 737 Max jets every month for four consecutive months.
NRG Energy Inc leads S&P 500's 2024 leaderboard with 70% YTD gain. Palantir follows with 64% surge, only stock from Cathie Wood's ARK funds in top performers.
HOWMET AEROSPACE (NYSE:HWM) is a strong growth stock with a bullish technical setup, featuring high profitability, solid financial health, and a promising chart pattern.
Aerospace and defense company Howmet (NYSE:HWM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.5% year on year to $1.94 billion. On the other hand, next quarter’s revenue guidance of $1.99 billion was less impressive, coming in 0.7% below analysts’ estimates. Its non-GAAP profit of $0.86 per share was 11% above analysts’ consensus estimates.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
The company expects to generate free cash flow between $1.10 billion and $1.20 billion this year, compared with its earlier forecast of between $1.03 billion and $1.13 billion.
Shares of aerospace and defense company Howmet (NYSE:HWM)
jumped 8% in the afternoon session after the company reported impressive first-quarter 2025 results. Despite in-line revenue, Howmet beat EBITDA and EPS expectations. We were also impressed by Howmet's optimistic full-year EBITDA guidance, which beat analysts' expectations. Full-year EPS guidance was also raised.
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Aerospace and defense company Howmet (NYSE:HWM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.5% year on year to $1.94 billion. The company expects next quarter’s revenue to be around $1.99 billion, close to analysts’ estimates. Its non-GAAP profit of $0.86 per share was 10.7% above analysts’ consensus estimates.
