Howmet Aerospace Sees FY24 Adj. EPS $2.31-$2.39 Vs $2.20 Est.; Revenue $7.225B-$7.375B Vs $7.148B Est.
Portfolio Pulse from Benzinga Newsdesk
Howmet Aerospace projects its FY24 adjusted EPS to be between $2.31 and $2.39, surpassing the estimated $2.20. The company also forecasts revenue to be in the range of $7.225 billion to $7.375 billion, exceeding the expected $7.148 billion.
May 02, 2024 | 11:18 am
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POSITIVE IMPACT
Howmet Aerospace's FY24 earnings and revenue forecasts exceed analyst expectations, indicating potential growth.
Howmet Aerospace's projection of higher-than-expected earnings and revenue for FY24 suggests confidence in its operational performance and market position. This positive outlook is likely to influence investor sentiment positively, leading to potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100