Shares of Howmet Aerospace Inc. (NYSE: HWM) surged 6.99% in pre-market trading on Thursday, May 1, 2025, following the company's impressive first-quarter results and an upgraded full-year outlook. The aerospace parts manufacturer demonstrated resilience in the face of economic uncertainties and tariff-related challenges.

For the first quarter of 2025, Howmet reported adjusted earnings per share of $0.86, significantly beating the analyst consensus estimate of $0.78. This represents a 50.88% increase from $0.57 per share in the same period last year. The company's quarterly revenue came in at $1.94 billion, meeting analyst expectations and marking a 6.47% increase year-over-year.

In a show of confidence, Howmet raised its full-year 2025 profit forecast. The company now projects adjusted earnings per share between $3.36 and $3.44, up from the previous guidance of $3.13 to $3.21. This optimistic outlook is driven by robust demand for Howmet's fasteners and other critical aircraft parts as planemakers aim to increase production. Despite ongoing tariff-related and economic uncertainties, particularly in North America, Howmet expects to pass on tariff-related costs to customers.

Howmet Aerospace Executive Chairman and CEO John Plant commented on the results, stating, "The Howmet team delivered a solid start to 2025, setting quarterly records in revenue, Adjusted EBITDA, Adjusted EBITDA margin, and Adjusted Earnings Per Share while exceeding all aspects of our baseline guidance." The company's strong performance and positive outlook underscore its pivotal role in the aerospace supply chain and its ability to navigate challenging market conditions.