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Sristi Jayaswal

Howmet Aerospace’s Quarterly Earnings Preview: What You Need to Know

Howmet Aerospace Howmet HWM

Pittsburgh-based Howmet Aerospace Inc. (HWM) is an industrial supplier for the aerospace and transport industries. Valued at $41.4 billion by market cap, this company engineers precision components for jet engines and titanium structures that keep aircraft light, fast, and fuel-efficient, and provides forged aluminum wheels for heavy trucks. The aerospace and defense supplier is all set to unveil its Q3 earnings on Wednesday, Nov. 6 before the market opens.

Ahead of the event, analysts expect Howmet Aerospace to report a profit of $0.65 per share, up 41.3% from $0.46 per share in the year-ago quarter. The company beat the consensus estimates in all of the last four quarters. Its fiscal Q2 adjusted EPS of $0.67, up 52% year over year, beat the projections by 11.7%.

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