By Connor Hart

Shares of Howmet Aerospace climbed after the company reported higher-than-expected fourth-quarter results and guided for continued strength in the coming year.

The stock jumped more than 10% to $255.05 shortly after Thursday's opening bell, extending the record high it set a day earlier.

The provider of aerospace engine parts and fastener systems before the bell posted a profit of $372 million, or 92 cents a share, up from $314 million, or 77 cents a share, a year earlier.

Stripping out certain one-time items, earnings were $1.05 a share. Analysts polled by FactSet expected adjusted earnings of 97 cents a share.

Sales jumped 15% to $2.17 billion, ahead of the $2.12 billion Wall Street modeled.

Chief Executive John Plant attributed the higher top line to healthy growth in the commercial aerospace, defense aerospace and gas turbines markets. "Turning to 2026, the vast majority of the markets we serve are in a growth phase," he added.

Looking ahead, Howmet guided for adjusted earnings of $1.09 to $1.11 a share on revenue of $2.23 billion to $2.25 billion for the current quarter. That was ahead of analyst forecasts for adjusted earnings of $1.01 a share and revenue of $2.16 billion.

For the year, the company expects adjusted earnings of $4.35 to $4.55 a share, as well as revenue of $9 billion to $9.2 billion. Analysts were looking for adjusted earnings of $4.47 a share on revenue of $9.15 billion.

Howmet's readout came on the heels of rival Curtiss-Wright, which late Wednesday also reported higher-than-expected results for the year-ending quarter. Its stock popped 11%, to $705.77, in Thursday morning trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

February 12, 2026 10:20 ET (15:20 GMT)

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