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Stock impact report

Howmet (HWM) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]

Howmet Aerospace Inc. (HWM) 
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily loss of 0.31%. On the other hand, the Dow registered a gain of 0.67%, and the technology-centric Nasdaq decreased by 1.09%. Heading into today, shares of the maker of engineered products for the aerospace and other industries had lost 5.41% over the past month, lagging the Construction sector's loss of 4.24% and the S&P 500's gain of 2.73% in that time. Market participants will be closely following the financial results of Howmet in its upcoming release. On that day, Howmet is projected to report earnings of $0.60 per share, which would represent year-over-year growth of 36.36%. In the meantime, our current consensus estimate forecasts the revenue to be $1.84 billion, indicating a 11.57% growth compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.39 per share and a revenue of $7.34 billion, indicating changes of +29.89% and +10.59%, re Show less Read more
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