The supply chain crisis in the aerospace industry is easing, which is benefiting the company's earnings and long-term profitability.In GE Aerospace's (GE 0.58%) latest earnings report, management raised its full-year guidance for revenue, earnings, and free cash flow. While that's great news in itself, the reasons behind the hike in expectations are what should excite both shareholders and the aerospace industry. Here's why.Two key takeaways from GE Aerospace earningsFirst, here's a look at the progression ...

财务表现 - 公司第三季度亏损幅度扩大 [1] - 公司持续消耗现金 [1] 运营挑战 - 供应链成本上升对公司业绩造成拖累 [1]

Key Points All the leading industry players have confirmed that the aerospace supply chain is healing and aircraft production is set to ramp significantly in the coming years. GE Aeropace and RTX have both raised guidance recently, partly on the back of improved parts availability, which is helping boost engine and component production. Prospects for aerospace supplier Hexcel are closely tied to aircraft production and the increasing use of composites in newer-generation aircraft. 10 stocks we like ...

Howmet Aerospace (NYSE:HWM) Q3 2025 Earnings Call October 30, 2025 10:00 AM ET Company ParticipantsScott Deuschle - Director of A&D Equity ResearchKristine Liwag - Executive DirectorJohn Plant - Executive Chairman and CEOKen Giacobbe - EVP and CFONoah Poponak - Managing Director of Aerospace and Defense Equity ResearchPaul Luther - VP of IRSheila Kahyaoglu - Managing Director of Aerospace, Defense, and Airlines Equity ResearchMike Ciarmoli - Managing Director of Aerospace and Defense Equity ResearchMariana ...

Howmet Aerospace (NYSE:HWM) Q3 2025 Earnings Call October 30, 2025 10:00 AM ET Speaker4Good day and welcome to the Howmet Aerospace third quarter 2025 earnings conference call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing Star then zero on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press Star then one on your telephone keypad. To withdraw your quest ...

Third Quarter 2025 Earnings Call John Plant: Executive Chairman and Chief Executive Officer Ken Giacobbe: EVP and Chief Financial Officer October 30, 2025 Important Information Forward–Looking Statements This presentation contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as "anticipates", "believes", "coul ...

While reporting financial results for the third quarter on Thursday, Howmet Aerospace Inc. (HWM) initiated its adjusted earnings and revenue guidance for the fourth quarter and raised its outlook for the full-year 2025.For the fourth quarter, the company expects adjusted earnings in a range of $0.94 to $0.96 per share on revenues between $2.09 billion and $2.11 billion.On average, analysts polled expect the company to report earnings of $0.94 per share on revenues of $2.12 billion for the quarter. Analysts ...

The Boeing Company (NYSE:BA) Q3 2025 Earnings Call October 29, 2025 10:30 AM ET Company ParticipantsEric Hill - VP of Investor RelationsJay Malave - EVP and CFODave Calhoun - President and CEOConference Call ParticipantsRobert Stallard - AnalystMyles Walton - AnalystScott Mikus - AnalystScott Deuschle - Equity Research AnalystKristine Liwag - Senior Aerospace and Defense Equity AnalystSheila Kahyaoglu - AnalystRon Epstein - AnalystDoug Harned - AnalystGautam Khanna - AnalystNoah Poponak - AnalystPeter Armen ...

行业整体趋势 - 全球航空业正迈向新高 受飞机交付量增加 航空公司机队扩张以及对节能高效喷气发动机需求增长的支持 [1] - 航空旅行持续复苏和国防预算增加 为行业提供支撑 [1] - 全球航空客运量在过去几年稳步复苏 是推动喷气发动机及相关服务需求的关键因素 [6] - 全球对国防装备和航空航天零部件的需求不断增长 支持了公司收入增长 [7] 罗尔斯罗伊斯公司分析 - 公司正进行重大转型 旨在提高效率并开发混合电力推进系统 [2] - 公司现金及现金等价物约为79.5亿美元 总债务为46.4亿美元 显示出稳健的偿债能力 [4] - 2025年上半年民用航空部门销售额同比增长17% [6] - 2025年上半年国防收入同比增长1% [7] - 公司在宽体飞机发动机领域地位强劲 产品组合多元化 还包括船用推进技术 [8] - Zacks对其2025年销售额和每股收益的共识预期较去年同期分别增长27.8%和50% [13] - 过去一年股价上涨105.8% [16] - 远期12个月市销率为4.49倍 [17] 波音公司分析 - 公司通过飞机设计、工程和维护解决方案的进步来加强领导地位 专注于提升发动机集成和性能 [2] - 公司现金及现金等价物为229.7亿美元 长期债务为446亿美元 当前债务为87.2亿美元 短期偿债能力稳固 [5] - 2025年第二季度波音商用飞机部门收入同比强劲增长63% [6] - 2025年第二季度波音防务、太空与安全部门收入同比增长10% [7] - 公司在全球商用飞机市场占据主导地位 擅长集成先进航空结构、数字飞行系统和维护解决方案 [8] - Zacks对其2025年销售额的共识预期同比增长29.5% [14] - 过去一年股价上涨38.8% [16] - 远期12个月市销率为1.80倍 [17] 公司战略与技术重点 - 两家领先的航空航天公司都在推进推进技术 推广可持续航空并扩展其售后市场服务 [1] - 罗尔斯罗伊斯专注于宽体飞机、军用发动机以及可持续推进技术 [1][20] - 波音公司专注于数字维护系统、预测分析和高能效机身设计 以支持最佳的发动机效率和可靠性 [2] 行业与公司面临的挑战 - 全球供应链持续中断影响着飞机和发动机制造商 截至2025年6月 全球飞机订单积压达到创纪录的17000架 [11] - 美国新实施的进口关税预计将加剧挑战 可能导致生产成本上升和制造周期延长 [12] - 波音公司继续面临与供应链中断、交付延迟和生产恢复工作相关的挑战 [20] 财务表现与市场预期比较 - 罗尔斯罗伊斯在2025年的销售额和每股收益增长方面表现更强 超越了波音的缓慢复苏 [10] - 波音的近期盈利预期在过去60天内出现下调 [14] - 罗尔斯罗伊斯被认为在2025年更有望表现出色 拥有更强的盈利增长前景 [19][20]

公司财务表现 - 波音公司第三季度营收增长但股价在周三早盘大跌[1] - 公司第三季度营收为181亿美元 同比增长13%[1] - 运营现金流为负29亿美元 自由现金流为负31亿美元[1] - 净亏损扩大至16亿美元 去年同期净亏损为33亿美元[1] 公司运营挑战 - 737项目第三季度运营亏损扩大至6.44亿美元[1] - 787项目运营亏损为7.83亿美元[1] - 国防、太空和安全部门运营亏损为28亿美元[1] - 商用飞机交付量同比下降至112架[1] 公司管理层与前景 - 公司撤回2022年财务指引[1] - 公司首席执行官承认业绩"远低于"预期[1] - 管理层强调解决运营和供应链问题是首要任务[1]