HWM Q3 Earnings Beat Estimates on Aerospace, Gas Turbine Growth

What happened: Howmet Aerospace reported third-quarter 2026 adjusted earnings of $1.46 per share and revenues of $2.70 billion, beating consensus estimates on aerospace and gas turbine demand. Key numbers: EPS $1.46, up 54% year over year, beat $1.37 consensus by 6.6%. Why it matters: Management raised full-year 2026 revenue and earnings guidance and introduced a 2027 revenue outlook of about $11.5 billion, citing strengthening gas turbine demand and higher customer volume requirements. The board also authorized an additional $5 billion in share repurchases. Market: -2.5% today ($200.85), -5.0% YTD, 0.3x vol — as of 17:32 UTC Verified: Q3_2026 (Oct 29) EPS $1.46 vs $1.37 est, +6.6% beat; next print ~Jan 28

Howmet Aerospace reported third-quarter 2026 adjusted earnings of $1.46 per share and revenues of $2.70 billion, beating consensus estimates on aerospace and gas turbine demand.

Management raised full-year 2026 revenue and earnings guidance and introduced a 2027 revenue outlook of about $11.5 billion, citing strengthening gas turbine demand and higher customer volume requirements. The board also authorized an additional $5 billion in share repurchases. Market: -2.5% today ($200.85), -5.0% YTD, 0.3x vol — as of 17:32 UTC Verified: Q3_2026 (Oct 29) EPS $1.46 vs $1.37 est, +6.6% beat; next print ~Jan 28