Howmet Aerospace Guides Q1 Above Estimates; Boosts Dividend 20% - Update
Howmet AerospaceHowmet Aerospace(US:HWM) RTTNews·2026-02-12 12:17

Core Viewpoint - Howmet Aerospace Inc. has provided its adjusted earnings and revenue guidance for Q1 and full-year 2026, indicating positive growth expectations for the company. Group 1: Q1 Guidance - For the first quarter of 2026, the company expects adjusted earnings between $1.09 and $1.11 per share, with revenues projected between $2.225 billion and $2.245 billion [1] - Analysts' average expectations for the same quarter are earnings of $1.02 per share on revenues of $2.17 billion [2] Group 2: Full-Year Guidance - For fiscal year 2026, the company projects adjusted earnings in the range of $4.35 to $4.55 per share, with revenues expected to be between approximately $9.0 billion and $9.2 billion [2] - The consensus among analysts is for earnings of $4.47 per share on revenues of $9.14 billion for the year [2] Group 3: Dividend Declaration - The Board of Directors has declared a 20 percent increase in the dividend to $0.12 per share, which will be paid on February 25, 2026, to shareholders of record as of February 6, 2026 [3] Group 4: Stock Performance - In pre-market trading, Howmet Aerospace Inc. shares are trading at $232.50, reflecting an increase of $1.59 or 0.69 percent [3]