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Howmet secures profit in second quarter

Howmet Aerospace Inc. on Thursday reported second-quarter net income of $407 million.

The Pittsburgh-based company, which has a mill in Weathersfield, said it had profit of $1 per share. Earnings, adjusted for pretax gains, came to 91 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

“The Howmet team delivered another strong set of results in the second quarter 2025, exceeding the high end of guidance on all metrics,” said John Plant, Howmet’s executive chairman and chief executive officer.

The maker of engineered products for the aerospace and other industries posted revenue of $2.05 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.99 billion.

For the current quarter ending in September, Howmet expects its per-share earnings to range from 89 cents to 91 cents.

The company said it expects revenue in the range of $2.02 billion to $2.04 billion for the fiscal third quarter.

Howmet expects full-year earnings in the range of $3.56 to $3.64 per share, with revenue ranging from $8.08 billion to $8.18 billion.

“Turning to the outlook, the commercial aerospace market should continue to grow, driven by healthy passenger traffic, extraordinarily high OEM backlogs and the desire for new, fuel-efficient aircraft,” Plant said.

Howmet’s board declared a 20% increase in the common stock dividend to $0.12 per share in the third quarter 2025. Howmet also paid down $76 million of debt in the quarter, its CEO reported.

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