Howmet (HWM) Q2 Earnings Beat Estimates, Revenues Increase Y/Y

Howmet Aerospace Inc.'s (HWM) second-quarter 2024 adjusted earnings of 67 cents per share beat the Zacks Consensus Estimate of 60 cents. The bottom line surged 52% year over year. The Engine Products segment's revenues totaled $933 million, representing 49.6% of net revenues. On a yearover-year basis, the segment's revenues increased 14%, driven by growth in the commercial aerospace, defense aerospace, industrial gas turbine and oil & gas markets. The Zacks Consensus Estimate for Engine Products revenues wa ...