Howmet Aerospace Inc. (HWM) Q4 2024 Earnings Call Transcript
Howmet Aerospace Inc. (NYSE:HWM ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Paul Luther - VP, IR Ken Giacobbe - EVP and CFO John Plant - Executive Chairman and CEO Conference Call Participants Doug Harned - Bernstein Myles Walton - Wolfe Research Robert Stallard - Vertical Research Partners Scott Deuschle - Deutsche Bank Ronald Epstein - Bank of America David Strauss - Barclays Sheila Kahyaoglu - Jefferies Seth Seifman - JPMorgan Ken Herbert - RBC Capital Markets Operator Good morning and welcome to the Howmet Aerospace Fourth Quarter and Full Year 2024 Conference Call. [Operator Instructions] Please note this event is being recorded.
Howmet's Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
HWM fourth-quarter 2024 revenues increase 9%, driven by an improved commercial aerospace market.
Howmet (HWM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Howmet (HWM) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Howmet (HWM) Q4 Earnings and Revenues Surpass Estimates
Howmet (HWM) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.53 per share a year ago.
Howmet Aerospace Gears Up to Post Q4 Earnings: Here's What to Expect
Softness in the transportation market is likely to have hurt HWM's fourth-quarter performance. Strength in the commercial and defense aerospace markets is likely to boost its results.
Howmet (HWM) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Beyond analysts' top -and-bottom-line estimates for Howmet (HWM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Howmet (HWM) Earnings Expected to Grow: Should You Buy?
Howmet (HWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Howmet (HWM) Stock Sinks As Market Gains: Here's Why
Howmet (HWM) closed at $125.48 in the latest trading session, marking a -0.71% move from the prior day.
Howmet Aerospace Preferred Stock Could Be Worth Much More
Despite underperforming the S&P 500, I maintain a buy rating for Howmet Aerospace Preferred Stock Series A due to its attractive yield and potential for price appreciation. The stock's current yield of 5.9% is significantly higher than the common stock's 0.3%, offering predictable income for investors. Price movements are influenced by interest rates and political events, with a potential 85% total return by 2027 if rates decrease as expected.
Why Howmet Aerospace Soared Higher in January
Aerospace components are in high demand, setting up a positive outlook for suppliers including Howmet Aerospace (HWM).
Wall Street Analysts Think Howmet (HWM) Is a Good Investment: Is It?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Howmet Aerospace: Rating Upgrade As Near-Term Demand Outlook Can Support A Premium Multiple
Upgraded Howmet Aerospace to a buy rating due to robust near-term growth outlook and potential for higher valuation multiples. Tight global aerospace supply chains boost HWM's aftermarket segment as airlines rely on older aircraft, increasing maintenance and part replacement needs. Industrial gas turbines (IGTs) present significant growth potential for HWM, driven by AI and data center energy demands and regulatory tailwinds.
