Howmet (HWM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Company Overview - Howmet (HWM) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.87, reflecting a +29.9% change, and revenues of $1.99 billion, up 5.8% from the previous year [3][11] Earnings Expectations - The consensus EPS estimate has been revised 1.1% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The upcoming earnings report is anticipated to be released on July 31, and the stock may react positively if actual results exceed expectations [2][11] Earnings Surprise Prediction - Howmet's Earnings ESP is -0.14%, suggesting a bearish outlook from analysts, which complicates the prediction of an earnings beat [11] - The company holds a Zacks Rank of 3, indicating a hold position, which further adds uncertainty to the earnings prediction [11] Historical Performance - In the last reported quarter, Howmet exceeded EPS expectations by +11.69%, with actual earnings of $0.86 compared to an expected $0.77 [12] - Over the past four quarters, Howmet has successfully beaten consensus EPS estimates each time [13] Industry Context - In the Zacks Aerospace - Defense industry, Boeing (BA) is expected to report a loss of $1.47 per share, with a year-over-year change of +49.3%, and revenues projected at $21.86 billion, up 29.6% [17][18] - Boeing's consensus EPS estimate has been revised 1.7% lower, and it also holds a Zacks Rank of 3, indicating similar uncertainty regarding its earnings performance [18][19]