Howmet lifts annual forecasts on robust demand for aircraft parts
Oct 29 (Reuters) - Howmet Aerospace HWM.N raised its 2026 profit and revenue forecasts on Thursday, buoyed by robust demand from planemakers for engine components and industrial gas turbine parts.
The US aerospace castings and fasteners supplier now expects adjusted profit per share in the range of $5.49 to $5.51, compared with its previous forecast of $5.23 to $5.31 per share.
It forecast annual revenue between $10.29 billion and $10.31 billion, compared with a range of $10 billion to $10.1 billion earlier.