Howmet Aerospace reports 29% third-quarter revenue growth and raises guidance
Filed with the SEC on · Summarized by InvestorsBot
Howmet Aerospace reported third-quarter 2026 revenue of $2.703 billion, up 29% year over year, with GAAP EPS of $1.42, adjusted EPS of $1.46, and free cash flow of $562 million. The company raised its full-year 2026 baseline guidance to $10.3 billion of revenue, $5.50 adjusted EPS, and $2.0 billion of free cash flow, while authorizing an additional $5 billion for share repurchases after buying back $500 million in the quarter; it also expects approximately $11.5 billion of revenue in 2027.