Howmet Aerospace Inc. · HWM · Next earnings

Howmet Aerospace Inc. reports Thursday, Oct 29, 2026

HWM reports before market open with consensus EPS at $1.36 and revenue at $2.58B. Last quarter: Howmet Aerospace Beats Q1 Estimates on Record Margins, Raises FY Guidance

Reports Before market open39 days awayDate estimated Industrials

What the street expects

Consensus for the coming report
Consensus EPS $1.36 Calendar consensus
Consensus revenue $2.58B Calendar consensus
Report date Oct 29, 2026 Thursday, date estimated
Session Before market open 39 days away

Where HWM left off: FY2026 Q1

Full report

Howmet Aerospace Beats Q1 Estimates on Record Margins, Raises FY Guidance

EPS surprise +9.9% Reported $1.22 vs $1.11
Revenue surprise +3.3% Reported $2.31B vs $2.24B
Stock move +6.3% Event window
Subsequent drift -7.6% Up to 20 sessions

Management raised full-year guidance, increasing the organic growth target to 14% and setting a FY revenue target of $9.65 billion. Guidance sentiment is raised, consistent with the prior quarter's raised outlook. Capex outlook remains increasing, with new gas-turbine manufacturing lines in Japan expected to commission by Q3-Q4 2026. The company also plans to maintain its share-repurchase program and considers a dividend increase.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Geopolitical uncertainty in Iran could disrupt supply chains and demand.
  • Elevated oil prices and inflation pressure on input costs.
  • Interest-rate and currency volatility affecting international operations.
  • Supply-chain reliance on rare-earth elements despite current inventory coverage.
  • Staffing and talent retention, especially in Japan manufacturing operations.

Questions analysts left open

  • Details of commercial-aerospace growth drivers, including GTF Advantage and LEAP-1B rollout timing.
  • IGT market overlap with aerospace and hyperscaler investment timing.
  • Supply-chain resilience for rare-earths and base metals.
  • Capacity and pricing dynamics in the gas-turbine segment.
  • Sustainability of organic growth into 2027.

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Recent HWM quarters

All HWM earnings
+6.3%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.