Howmet Aerospace reported strong earnings growth, with Q4 sales up 9% and EBITDA increasing 27%, driven by robust demand in commercial aerospace and defense segments. The company is well-positioned for future growth, with a 2025 sales guidance of 8% and EBITDA growth of 11%, supported by higher commercial airplane production. Despite appearing expensive, Howmet Aerospace's strong financial health, low debt, and focus on shareholder returns make it a compelling buy.
HWM's solid momentum across its end markets, healthy liquidity position and shareholder-friendly policies make it an attractive pick for investors.
Here is how Howmet (HWM) and RTX (RTX) have performed compared to their sector so far this year.
Howmet (HWM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
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.
HWM fourth-quarter 2024 revenues increase 9%, driven by an improved commercial aerospace market.
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) 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.
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.
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) 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) closed at $125.48 in the latest trading session, marking a -0.71% move from the prior day.