Howmet Aerospace Inc.'s stock surged 8.93% during intraday trading on Thursday. The significant upward movement follows the company's release of better-than-expected fourth-quarter financial results and optimistic guidance for the first quarter of 2026.
The aerospace components manufacturer reported fourth-quarter adjusted earnings per share of $1.05, beating the consensus estimate of $0.97. Revenue for the quarter reached $2.168 billion, also surpassing forecasts. The strong performance was attributed to robust demand across its key markets, particularly commercial aerospace, defense aerospace, and gas turbines.
Further fueling investor optimism, the company issued first-quarter 2026 guidance projecting adjusted profit between $1.09 and $1.11 per share, well above the analyst estimate of $1.02. The upbeat outlook reflects continued strength in aerospace demand as airlines expand fleets and planemakers increase production to meet growing travel needs.