India, May 2 -- While reporting financial results for the first quarter on Thursday, Howmet Aerospace Inc. (HWM) raised its adjusted earnings and revenue guidance for the full-year 2024 and provided guidance for the second quarter, well above estimates. For the second quarter, the company expects adjusted earnings in a range of $0.57 to $0.59 per share on revenues between $1.825 billion and $1.845 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.54 per share on revenues of $1.77 billion for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2024, the company now projects adjusted earnings in a range of $2.31 to $2.39 per share on revenues between $7.225 billion a...