Howmet Aerospace first-quarter forecast exceeds estimates, shares higher premarket

Investing.com - Howmet Aerospace has guided for current-quarter adjusted earnings per share of $1.09 to $1.11, compared to estimates of $1.02.

Revenue at the jet engine component manufacturer is also tipped to be between $2.23 billion to $2.25 billion in its fiscal first-quarter, versus projections of $2.16 billion.

Shares of Howmet were higher by more than 2% in premarket U.S. trading on Thursday.

(This is a developing story. Please check back later for updates.)

You May Also Be Interested In

• Is the global equity rally broadening? UBS weighs in
• Dollar stores see mixed outlook ahead of earnings next week, Gordon Haskett comments
• S&P 500 may pull back before midterms, but Citi says buy the dip