Howmet Aerospace Inc. shares surged 5.69% in pre-market trading on Thursday, following the release of second-quarter results that exceeded analyst expectations and an upbeat full-year outlook.

The company reported adjusted earnings per share of $1.33, surpassing the consensus estimate of $1.25. Revenue came in at $2.547 billion, also beating the projected $2.428 billion. Additionally, Howmet issued robust guidance: fiscal year revenue is expected to be $10.0–$10.1 billion, well above the $9.753 billion estimate, with full-year adjusted EPS projected at $5.23–$5.31. The third-quarter outlook also calls for adjusted EPS of $1.26–$1.34.

The strong quarterly performance and positive forward guidance fueled investor optimism, driving the pre-market rally.