What Happened
Aerospace Supplier Raises 2026 Outlook and Expands Share Repurchase
Howmet Aerospace’s stock remains in focus after the company raised its 2026 operating baseline and provided an initial revenue view for 2027. The aerospace supplier lifted its 2026 revenue baseline to $10.3 billion and increased its adjusted earnings-per-share baseline to $5.50. The company also expanded its share repurchase authorization by $5 billion. The outlook points to continued expansion in commercial aerospace and stronger demand for gas turbine products. This development was reported by an unknown source.