Earnings Outlook For Howmet Aerospace

Howmet Aerospace HWM is set to give its latest quarterly earnings report on Monday, 2022-10-31. Here's what investors need to know before the announcement.

Analysts estimate that Howmet Aerospace will report an earnings per share (EPS) of $0.36.

Howmet Aerospace bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 0.13% drop in the share price the next day.

Here's a look at Howmet Aerospace's past performance and the resulting price change:

Stock Performance

Shares of Howmet Aerospace were trading at $35.09 as of October 27. Over the last 52-week period, shares are up 15.87%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Howmet Aerospace visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.