Howmet Aerospace Set to Report Q3 Earnings: Is a Beat in Store?

Zacks11-04

Howmet Aerospace Inc. HWM is scheduled to release third-quarter 2024 earnings on Nov. 6, before market open.The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 ...

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HWM is scheduled to release third-quarter 2024 earnings on Nov. 6, before market open.The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/howmet-aerospace-set-report-q3-145900407.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Howmet Aerospace Set to Report Q3 Earnings: Is a Beat in Store?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHowmet Aerospace Set to Report Q3 Earnings: Is a Beat in Store?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 22:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/howmet-aerospace-set-report-q3-145900407.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Howmet Aerospace Inc. HWM is scheduled to release third-quarter 2024 earnings on Nov. 6, before market open.The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/howmet-aerospace-set-report-q3-145900407.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HWM","symbol_name":"Howmet Aerospace Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/howmet-aerospace-set-report-q3-145900407.html","article_id":"2481593536","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/oo_BIbrvizk7t7v4NokEKg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/0cde845739c4df6feb5b3c37a0127ad8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481593536","pubTimestamp":1730732340,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Howmet Aerospace Inc. HWM is scheduled to release third-quarter 2024 earnings on Nov. 6, before market open.The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 days. HWM has an impressive earnings surprise history. Its earnings beat the consensus estimate in each of the preceding four quarters, delivering an average surprise of 10.9%.Let’s see how things have shaped up for Howmet Aerospace before the announcement.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Factors Likely to Have Shaped HWM’s Quarterly Performance. Howmet Aerospace Inc. price-eps-surprise | Howmet Aerospace Inc. Quote. Our proven model predicts an earnings beat for HWM this time around. The combination of a positiveEarnings ESP and a Zacks Rank #1 , 2  or 3  increases the odds of an earnings beat, which is the case here, as elaborated below.Earnings ESP: HWM has an Earnings ESP of +1.86% as the Most Accurate Estimate is pegged at $1.24 per share, which ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HWM":"Howmet Aerospace Inc.","AVY":"艾利"},"translate_title":"Howmet Aerospace将公布第三季度收益：是否会出现好转？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVY":0.9,"HWM":0.9},"content_text":"Howmet Aerospace Inc. HWM is scheduled to release third-quarter 2024 earnings on Nov. 6, before market open.The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 days. HWM has an impressive earnings surprise history. Its earnings beat the consensus estimate in each of the preceding four quarters, delivering an average surprise of 10.9%.Let’s see how things have shaped up for Howmet Aerospace before the announcement.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nFactors Likely to Have Shaped HWM’s Quarterly Performance\nHowmet Aerospace’s Engine products segment is expected to have benefited from robust momentum in the commercial aerospace, defense aerospace, industrial gas turbine and oil & gas markets. Solid demand for engine spares in aerospace markets, supported by the U.S.  fighter program, is likely to have driven the segment’s performance. The Zacks Consensus Estimate for the segment’s revenues is pegged at $945 million, indicating a 17.9% rise from the third-quarter 2023 number.Growth in the commercial aerospace market, including emerging wide-body aircraft recovery, is likely to have supported the Fastening Systems segment's performance. The consensus estimate for segmental revenues is pegged at $386 million, indicating a 10.9% increase from the year-ago quarter’s number.Growth in the commercial aerospace market, including wide-body aircraft recovery, and the defense aerospace market is expected to have driven the Engineered Structures segment’s performance. The consensus estimate for the segment’s revenues is pegged at $270 million, indicating an increase of 18.9% from the year-ago quarter’s figure.However, softness in the commercial transportation market is likely to have hurt the Forged Wheels segment. The consensus estimate for the segment’s revenues is pegged at $258 million, indicating a decline of 9.5% from a year ago.Escalating costs and expenses, due to raw material inflation, are also likely to have partially dented Howmet Aerospace’s bottom line.Amid this backdrop, the Zacks Consensus Estimate for the company’s revenues is pegged at $1.85 billion, indicating an increase of 11.8% from the year-ago quarter’s figure. The consensus estimate for adjusted earnings is pinned at 65 cents per share, indicating 41.3% growth from the year-ago quarter’s number.\n\nHowmet Aerospace Inc. Price and EPS Surprise\n  \nHowmet Aerospace Inc. price-eps-surprise | Howmet Aerospace Inc. Quote\n\nEarnings Whispers\nOur proven model predicts an earnings beat for HWM this time around. The combination of a positiveEarnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated below. Earnings ESP: HWM has an Earnings ESP of +1.86% as the Most Accurate Estimate is pegged at $1.24 per share, which is higher than the Zacks Consensus Estimate of $1.22. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.Zacks Rank: HWM currently carries a Zacks Rank of 3.\nPerformance of Another Company\nAvery Dennison Corporation AVY delivered third-quarter adjusted earnings of $2.33 per share, which beat the Zacks Consensus Estimate of $2.32. The bottom line increased 9% year over year, driven by higher volume and productivity gains.Total revenues grew 4.1% year over year to $2.18 billion and missed the consensus estimate of $2.2 billion.\nOther Stocks to Consider\nHere are two companies, which according to our model, also have the right combination of elements to beat on earnings this reporting cycle.Tenaris S.A. TS has an Earnings ESP of +10.22% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.The company is scheduled to release third-quarter 2024 results on Nov. 6. Tenaris’ earnings surpassed the Zacks Consensus Estimate in two of the preceding four quarters and missed the mark in the other two, the average surprise being 11.6%.Woodward, Inc. WWD has an Earnings ESP of +1.86% and a Zacks Rank of 3 at present. The company is slated to release third-quarter results on Nov. 25.Woodward’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 18.5%.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAvery Dennison Corporation (AVY) : Free Stock Analysis Report\nWoodward, Inc. (WWD) : Free Stock Analysis Report\nTenaris S.A. (TS) : Free Stock Analysis Report\nHowmet Aerospace Inc. (HWM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481593536"}