Howmet forecasts first-quarter profit above estimates on strong aerospace demand

Reuters

02/12

Feb 12 (Reuters) - Howmet Aerospace HWM.N on Thursday forecast first-quarter profit above Wall Street expectations, as the maker of castings and fasteners for aircraft benefitted from strong industry demand for planes and parts.

The producer of parts for planemakers Boeing BA.N and Airbus AIR.PA expects first-quarter 2026 adjusted profit to range between $1.09 and $1.11 per share, ahead of analysts' estimate of $1.02, according to data compiled by LSEG.

(Reporting by Allison Lampert in Montreal; Editing by Shailesh Kuber)

((allison.lampert@thomsonreuters.com, 514-796-4212))

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