Howmet's Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

Howmet Aerospace Inc.’s (HWM) fourth-quarter 2024 adjusted earnings of 74 cents per share beat the Zacks Consensus Estimate of 72 cents. The bottom line surged 40% year over year.Total revenues of $1.90 billion beat the consensus estimate of$1.88 billion. The top line increased 9% from the year-ago quarter. The increase was backed by strength in the company’s commercial aerospace market.In 2024, HWM reported net revenues of $7.4 billion, which increased 12% year over year. The company’s adjusted earnings w ...