Cowen Downgrades Howmet Aerospace Inc. (HWM) to Market Perform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq futures surge 2% as chip outlook calms AI jitters; inflation data awaited
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
UPDATE: Howmet Aerospace (HWM) Reports Prelim. 1Q Revenues Miss
April 14, 2020 4:20 PM EDT(Updated - April 14, 2020 4:20 PM EDT)
Howmet Aerospace (NYSE: HWM) reported Q1 EPS of $0.60, $0.11 better than the analyst estimate of $0.49. Revenue for the quarter came in at $3.26 billion versus the consensus estimate of $3.36 billion.
First Quarter 2020 Highlights
Expected revenue of ~$3.2 billion, down ~9% YoY; expected organic revenue1 down ~6% YoYNet income is expected to be in the range of $205 million to $215 million, or $0.47... More