Back to top

Image: Bigstock

Howmet (HWM) Reports Q1 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

Howmet (HWM - Free Report) reported $2.31 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 19.1%. EPS of $0.86 for the same period compares to $0.86 a year ago.

The reported revenue represents a surprise of +3.41% over the Zacks Consensus Estimate of $2.24 billion. With the consensus EPS estimate being $1.11, the EPS surprise was -22.4%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Howmet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Sales- Engine Products: $1.26 billion versus the two-analyst average estimate of $1.21 billion. The reported number represents a year-over-year change of +25.8%.
  • Total Sales- Fastening Systems: $471 million versus $470.99 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change.
  • Total Sales- Engineered Structures: $302 million versus $295.78 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6% change.
  • End Market Revenue- Commercial Transportation: $346 million versus $317.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.
  • End Market Revenue- Aerospace- Commercial: $1.22 billion versus $1.19 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +19.6% change.
  • End Market Revenue- Aerospace- Defense: $366 million versus $369.38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.9% change.
  • Total Sales- Forged Wheels: $295 million compared to the $264.6 million average estimate based on two analysts. The reported number represents a change of +17.1% year over year.
  • Adjusted EBITDA- Engine Products: $458 million versus $419.85 million estimated by two analysts on average.
  • Adjusted EBITDA- Forged Wheels: $90 million versus the two-analyst average estimate of $75.41 million.
  • Adjusted EBITDA- Engineered Structures: $66 million versus $65.08 million estimated by two analysts on average.
  • Adjusted EBITDA- Fastening Systems: $150 million versus $148.85 million estimated by two analysts on average.

View all Key Company Metrics for Howmet here>>>

Shares of Howmet have returned +7.3% over the past month versus the Zacks S&P 500 composite's +11% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in