As of 5:47 PM EST on November 6, 2024, Howmet Aerospace Inc. (HWM) experienced a modest post-market price increase of 0.12%, following a strong Q3 earnings report. The company's adjusted EPS of $0.71 exceeded expectations, marking a 54% year-over-year increase, while revenue rose by 11% to $1.84 billion. These results reflect robust demand in the commercial aerospace sector, as highlighted by CEO John Plant. The impressive operating income margin improvement of 440 basis points to 22.9% further bolstered investor confidence. Howmet's forward guidance for Q4 2024, with revenue expected between $1.850 billion and $1.890 billion and adjusted EPS between $0.70 and $0.72, aligns with market expectations, supporting the slight uptick in share price. The company's strategic focus on reducing debt and enhancing financial flexibility is likely contributing to the positive market sentiment, as evidenced by the stock reaching a new 52-week high of $115.38 earlier in the day.