Save the date! Wednesday 6th November 2024, is when Howmet Aerospace (NYSE: HWM) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
Wall Street financial analysts are foreseeing that the business is likely to announce an estimated per share $0.65 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $1.85 billion during the quarter.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $7.45 billion. Additionally, they forecast the earnings per share to hit profit of $2.59 for the fiscal year.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.46. This was a direct result of the company's total revenue, which amounted to an impressive $1.66 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.67 | +52.3% | 1.88 B | +14.1% |
| Q1 2024 | $0.57 | +35.7% | 1.82 B | +13.8% |
| Q4 2023 | $0.53 | +39.5% | 1.73 B | +14.4% |
| Q3 2023 | $0.46 | +27.8% | 1.66 B | +15.7% |
| Q2 2023 | $0.44 | +25.7% | 1.65 B | +18.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 6th November 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Throughout Friday's trading, Howmet Aerospace (HWM) shares fluctuated between $99.80 and $101.00, with a trading volume of 1.52 million shares. The stock ended the regular trading session at $100.03, showing a gain of 0.31 percent.
