Howmet Aerospace Raises Its FY23 Outlook: Now Expects Revenue Of $6.53B-$6.56B (Prior $6.4B-$6.47B) Vs. Consensus Of $6.47B; Sees Adjusted EPS Of $1.76-$1.78 (Prior $1.69 - $1.71) Vs. Consensus Of $1.73
Portfolio Pulse from Benzinga Newsdesk
Howmet Aerospace has raised its FY23 outlook, now expecting revenue of $6.53B-$6.56B, up from the prior $6.4B-$6.47B, and above the consensus of $6.47B. The company also sees adjusted EPS of $1.76-$1.78, up from the prior $1.69 - $1.71, and above the consensus of $1.73.
November 02, 2023 | 11:28 am
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POSITIVE IMPACT
Howmet Aerospace's raised FY23 outlook, which is above consensus, is likely to have a positive impact on its stock price in the short term.
Howmet Aerospace has raised its FY23 outlook, which is above the consensus. This indicates that the company is performing better than expected, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100