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HWM - Here's Why Shares of Howmet Aerospace Crushed the Market in May
Howmet Aerospace Inc.
2024-06-05 12:31:54 ET
Shares in aerospace and transportation engineering products company Howmet Aerospace (NYSE: HWM) soared by 26.8% in May, according to data provided by S&P Global Market Intelligence . The move came after the release of its first-quarter earnings report, which saw the company blow past expectations for the quarter and raise its full-year guidance.
The following table illustrates how significant the full-year guidance hike was for the company.