CORRECTION: Howmet Aerospace Sees Q2 2024 Adj. EPS $0.57-$0.59 Vs $0.54 Est.; Revenue $1.825B-$1.845B Vs $1.774B Est.
Portfolio Pulse from Benzinga Newsdesk
Howmet Aerospace projects its Q2 2024 adjusted EPS to be between $0.57 and $0.59, surpassing the estimated $0.54. The company also forecasts revenue to be between $1.825B and $1.845B, exceeding the expected $1.774B.
May 02, 2024 | 12:43 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Howmet Aerospace's Q2 2024 earnings and revenue forecasts exceed analyst expectations, indicating potential positive momentum for its stock.
Howmet Aerospace's projection of higher-than-expected earnings and revenue for Q2 2024 suggests strong operational performance and efficiency. This positive outlook is likely to instill investor confidence and could lead to an uptick in the stock price in the short term, as it surpasses analyst estimates.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100