Howmet Aerospace boosts 2026 forecasts as rising jet production fuels demand for parts

Aug. 6 - Howmet Aerospace HWM.N raised its 2026 profit and revenue forecasts on Thursday, as robust demand from planemakers for parts to support higher jet production is benefiting the company, sending its shares up 3% in premarket trading.

The U.S. aerospace castings and fasteners supplier now expects adjusted profit per share in the range of $5.23 to $5.31, compared with its previous forecast of $4.88 to $5 per share.

It forecasts annual revenue to range between $10 billion and $10.1 billion, compared with its prior forecast of $9.58 billion to $9.73 billion.