BUZZ - Homer Aerospace shares rise after raising annual profit and revenue forecasts

October 29 - ** Shares of aircraft parts manufacturer Howmet Aerospace (HWM.N) rose about 8% in pre-market trading to $210

** Boosted by strong demand from aircraft manufacturers for engine components and industrial gas turbine parts, the company (link) raised its profit and revenue outlook for fiscal year 2026

** It now expects adjusted earnings per share for this fiscal year to be between $5.49 and $5.51, compared to its previous forecast of $5.23 to $5.31

** Annual revenue is now expected to be between $10.29 billion and $10.31 billion, while the earlier forecast was $10 billion to $10.1 billion

** As of the close of the previous trading day, the stock had fallen about 5% cumulatively this year

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