S&P 500 Aerospace Stock Flies Past Buy Point, Tariff Worries On Earnings, Margins
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Howmet Aerospace cleared first-quarter earnings estimates early Thursday and raised its full-year outlook, assuaging concerns over Trump tariffs. HWM stock, among the top S&P 500 performers in morning stock market action, flew past a buy point. Howmet posted Q1 adjusted earnings per share of 86 cents, up 51% from a year ago and nine cents above estimates.