
Howmet Aerospace (HWM) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Howmet Aerospace (HWM) last issued guidance on August 6, 2026 for Q3 2026. The company guided earnings per share in the range of $1.34 - $1.36, compared to a consensus EPS estimate of $1.26. Howmet Aerospace also guided revenue in the range of $2.56B - $2.58B for the period.
Compared to prior guidance, Howmet Aerospace lowered its revenue forecast from a prior range of $10B - $10.1B.
Howmet Aerospace has issued 32 guidance updates between October 31, 2022 and August 6, 2026. During this period, the company raised its outlook 18 times and lowered it 12 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.24 | $1.11 | $0.97 | $0.91 |
| Actual | $1.33 | $1.22 | $1.05 | $0.95 |
| Surprise | +7.26% | +9.91% | +8.25% | +4.40% |
| Revenue | ||||
| Estimate | $2.43B | $2.24B | $2.13B | $2.05B |
| Actual | $2.55B | $2.31B | $2.17B | $2.09B |
| Surprise | +5.02% | +3.19% | +1.73% | +2.05% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.37 | $1.42 | $1.45 | $1.60 |
| Revenue | ||||
| Consensus | $2.59B | $2.66B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 6, 2026 | $1.33 | $1.24 | 7.26 % |
| Q1 | May 7, 2026 | $1.22 | $1.11 | 9.91 % |
| Q4 | Feb 12, 2026 | $1.05 | $0.97 | 8.25 % |
| Q3 | Oct 30, 2025 | $0.95 | $0.91 | 4.40 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 6, 2026 | $2.55B | $2.43B | 5.02 % |
| Q1 | May 7, 2026 | $2.31B | $2.24B | 3.19 % |
| Q4 | Feb 12, 2026 | $2.17B | $2.13B | 1.73 % |
| Q3 | Oct 30, 2025 | $2.09B | $2.05B | 2.05 % |