Howmet (HWM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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Apri Zacks
Howmet (HWM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2026, Howmet (HWM) reported revenue of $2.7 billion, up 29.4% over the same period last year. EPS came in at $1.46, compared to $0.95 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.59 billion, representing a surprise of +4.37%. The company delivered an EPS surprise of +6.57%, with the consensus EPS estimate being $1.37.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Howmet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Sales- Engine Products: $1.45 billion versus $1.42 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +31.4% change. Total Sales- Forged Wheels: $327 million versus the two-analyst average estimate of $286.77 million. The reported number represents a year-over-year change of +32.4%. Total Sales- Engineered Structures: $308 million versus the two-analyst average estimate of $277.2 million. The reported number represents a year-over-year change of +5.8%. Total Sales- Fastening Systems: $630 million compared to the $599.84 million average estimate based on two analysts. The reported number represents a change of +40.6% year over year. Adjusted EBITDA- Engine Products: $567 million compared to the $534.75 million average estimate based on two analysts. Adjusted EBITDA- Forged Wheels: $86 million versus $80.3 million estimated by two analysts on average. Adjusted EBITDA- Engineered Structures: $70 million compared to the $65.84 million average estimate based on two analysts. Adjusted EBITDA- Fastening Systems: $185 million versus $181.45 million estimated by two analysts on average.

View all Key Company Metrics for Howmet here>>>

Shares of Howmet have returned -9.8% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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