NRG Energy Inc leads S&P 500's 2024 leaderboard with 70% YTD gain. Palantir follows with 64% surge, only stock from Cathie Wood's ARK funds in top performers.
HOWMET AEROSPACE (NYSE:HWM) is a strong growth stock with a bullish technical setup, featuring high profitability, solid financial health, and a promising chart pattern.
Aerospace and defense company Howmet (NYSE:HWM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.5% year on year to $1.94 billion. On the other hand, next quarter’s revenue guidance of $1.99 billion was less impressive, coming in 0.7% below analysts’ estimates. Its non-GAAP profit of $0.86 per share was 11% above analysts’ consensus estimates.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
The company expects to generate free cash flow between $1.10 billion and $1.20 billion this year, compared with its earlier forecast of between $1.03 billion and $1.13 billion.
Shares of aerospace and defense company Howmet (NYSE:HWM)
jumped 8% in the afternoon session after the company reported impressive first-quarter 2025 results. Despite in-line revenue, Howmet beat EBITDA and EPS expectations. We were also impressed by Howmet's optimistic full-year EBITDA guidance, which beat analysts' expectations. Full-year EPS guidance was also raised.
Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Aerospace and defense company Howmet (NYSE:HWM) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.5% year on year to $1.94 billion. The company expects next quarter’s revenue to be around $1.99 billion, close to analysts’ estimates. Its non-GAAP profit of $0.86 per share was 10.7% above analysts’ consensus estimates.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the aerospace industry, including Curtiss-Wright (NYSE:CW) and its peers.
