Howmet Aerospace rises on earnings beat, gas-turbine demand

Howmet Aerospace shares rose 3% in premarket trading after reporting Q2 earnings that beat Wall Street estimates and raising its full-year outlook. The company posted revenue of $2.55 billion, a 24% increase year-over-year. This follows a 42% gain for the stock this year.

Howmet Aerospace (HWM) rose 3% in premarket trading Thursday after the aerospace supplier reported second-quarter results that beat Wall Street estimates and raised its full-year outlook. Its shares had gained 42% this year before Thursday’s premarket advance. The company posted revenue of $2.55 billion, up 24% from a year earlier and above the Wal...