Howmet stock price climbs as guidance beats estimates and Wall Street lifts targets
Howmet Aerospace shares closed up 2.2% at $250.07 Friday after the company forecast higher-than-expected first-quarter earnings and reported a 15% jump in fourth-quarter revenue. CEO John Plant cited a record OEM backlog and strong gas turbine demand. About 2.5 million shares traded. Investors are watching the CAM acquisition timeline and the February 25 dividend payment.
