howmet aerospace inc stock hwm fell 35 in premarket trade monday after the maker of engine components fastening systems engineered structures and forged aluminum wheels thirdquarter revenue fell short of estimates and it offered slightly soft guidance the company which was spun out of arconic in 2020 posted net income of 80 million or 19 cents a share for the quarter up from 27 million or 6 cents a share in the yearearlier period adjusted pershare earnings came to 36 cents matching the factset consensus revenue rose 12 to 143 billion just below the 144 billion factset consensus although the commercial aerospace end market saw an uneven pace of recovery in the third quarter 2022 all of howmet aerospaces aerospacefocused segments increased revenue sequentially chief executive john plan said in a statement looking ahead we continue to expect the commercial aerospace end market to grow at abovetrend rates for the next several years the company is now expecting fourthquarter adjusted eps to range from 37 cents to 39 cents on revenue of 145 billion to 150 billion the factset consensus is for eps of 38 cents and revenue of 150 billion for the full year it expects adjusted eps of 139 to 141 on revenue of 560 billion to 565 billion the factset consensus is for eps of 141 and revenue of 567 billion shares have gained 14 in the year to date while the sp 500 spx has fallen 18