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Howmet Aerospace Stock Takes Off as Robust Demand Lifts Earnings
HWMHowmet Aerospace(HWM) Investopedia·2024-07-31 04:36

Key Takeaways Shares of Howmet Aerospace (HWM) soared Tuesday after the manufacturer of jet engine parts and aluminum wheels for heavy trucks posted better-than-expected sales and profits for the second quarter. The Boeing (BA) supplier also lifted its full-year guidance, citing strong demand trends in commercial aerospace. "The outlook for commercial aerospace continues to be robust, with strong travel demand and an aging aircraft fleet," said Howmet Executive Chairman and CEO John Plant. According to Plan ...