Howmet Aerospace

Howmet Aerospace, Inc. engages in provision of engineered solutions for the aerospace and transportation industries. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in the production of aerospace fastening systems, as well as commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

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Earnings data Q4 2024

Howmet Aerospace reports robust Q4 performance amidst market challenges

Howmet Aerospace delivered a strong Q4 performance, meeting or exceeding key financial metrics and demonstrating resilience amidst market challenges.
While facing uncertainties related to inflation, supply chain disruptions, and demand patterns, the company remains cautiously optimistic about growth opportunities.
Strategic focus on operational efficiency, liquidity management, and market responsiveness underpins Howmet Aerospace's ability to navigate evolving industry dynamics.
Balancing financial discipline with operational readiness, the company aims to leverage strengths, address challenges, and capitalize on growth opportunities for sustainable performance.

Howmet Aerospace reports robust Q1 growth, eyes pricing opportunities

Howmet Aerospace's Q1 2023 performance showcased strong revenue growth and margin improvement, driven by key segments like Commercial Aerospace and Engine Products. The company's focus on ESG initiatives and shareholder value creation underpins its strategic direction.
While facing challenges in titanium supply and labor negotiations, Howmet Aerospace is poised to capitalize on pricing opportunities in the Engine segment and recovery in spares demand. Projections for 2023 and 2024 signal a positive growth trajectory.
Overall, Howmet Aerospace's Q1 results reflect a resilient performance amidst market dynamics, with a strategic emphasis on sustainable practices and operational efficiency. The company's proactive steps in addressing challenges and leveraging growth opportunities position it for continued success.

Howmet Aerospace excels in Q2, addresses challenges for growth

Howmet Aerospace's Q2 2023 performance reflects strong revenue growth, exceeding earnings expectations.
Challenges in the Structures segment and labor productivity are being addressed for improved operational efficiency.
The company's positive outlook, backed by a strong backlog and market opportunities, sets the stage for continued growth.

Howmet Aerospace surpasses Q3 expectations, eyes growth amid operational challenges

Howmet Aerospace's Q3 performance exceeded expectations, driven by revenue growth, margin expansion, and effective capital allocation strategies, showcasing financial strength and resilience.
While facing challenges in certain segments and operational aspects, the company remains well-positioned to capitalize on market opportunities, enhance operational efficiency, and drive long-term value creation.
Optimism for resolving supply chain issues, sustaining positive pricing trends, and achieving margin stability by 2025 underpin Howmet's strategic focus on growth, profitability, and shareholder value.
Strategic outlook for 2024 includes revenue growth, debt reduction, and margin stability, supported by market opportunities, operational improvements, and prudent capital allocation decisions.

Howmet Aerospace excels in Q4 2023, anticipates revenue growth

Howmet Aerospace delivered robust financial performance in Q4 2023, showcasing revenue and EBITDA growth, record EPS, and strong free cash flow. The company's focus on balanced capital allocation and expectations for revenue growth in 2024 highlight its strategic positioning for the future.

Howmet Aerospace reports stellar Q1 results, eyes growth opportunities

Howmet Aerospace excelled in Q1 2024, showcasing strong financial performance, strategic planning for emissions reduction, and a focus on shareholder value through dividend hikes and capital allocation. While facing challenges in Boeing's production rates and future turbine componentry, the company is well-positioned to leverage growth opportunities in the aerospace market.

Howmet Aerospace excels in Q2, raises guidance and shareholder returns

Howmet Aerospace's Q2 results reflect strong financial performance, highlighted by revenue and earnings growth, debt reduction, and strategic investments in capacity expansion. The company's optimistic outlook, increased dividends, and share buyback authorization signal confidence in its ability to drive growth and enhance shareholder returns.

Howmet Aerospace excels in Q3, eyes aerospace growth opportunities

Howmet Aerospace's Q3 performance reflects strong revenue and earnings growth, driven by diverse aerospace and industrial market segments. Despite revenue challenges, the company's strategic focus on growth opportunities and shareholder value enhancement positions it well for future expansion and profitability.

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Howmet Aerospace, Inc. engages in the development and manufacturing of lightweight metal products. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in producing aerospace fastening systems and commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

Continued recovery in the commercial aerospace end market and easing supply chain disruptions augur well for Howmet's (HWM) growth.

Howmet (HWM) Up 31% in 6 Months: Will the Momentum Continue?

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Howmet's (HWM) Q4 results benefit from strength in the commercial aerospace market and pricing actions. The company issues a bullish first-quarter 2023 forecast.

Howmet (HWM) Q4 Earnings Meet, Surge Y/Y on Higher Revenues

Howmet Aerospace Inc. (NYSE:HWM ) Q4 2022 Earnings Conference Call February 14, 2023 10:00 AM ET Company Participants Paul Luther - Vice President of Investor Relations John Plant - Executive Chairman & Chief Executive Officer Ken Giacobbe - Executive Vice President & Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Kristine Liwag - Morgan Stanley Myles Walton - Wolfe Research Seth Seifman - JPMorgan David Strauss - Barclays Robert Spingarn - Melius Research Ron Epstein - Bank of America Gautam Khanna - Cowen Matt Akers - Wells Fargo Operator Good morning, and welcome to the Howmet Aerospace Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in a listen-only mode today.

Howmet Aerospace Inc. (HWM) Q4 2022 Earnings Call Transcript

Howmet Aerospace Inc. HWM, +1.38% said Tuesday it had net income of $111 million, or 26 cents a share, for the fourth quarter, up from $77 million, or 18 cents a share, in the year-earlier period. Adjusted for one-time items, the company had EPS of 38 cents, matching the FactSet consensus.

Howmet Aerospace stock dips premarket as sales beat weighs against soft guidance

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace 4Q 2022 and Full Year 2022 Earnings Release

Howmet Aerospace Reports Fourth Quarter and Full Year 2022 Results

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Revenue, EBITDA and earnings per share were all up for the fifth consecutive quarter. Commercial aerospace will be the key driver over the next two to three years.

Howmet Aerospace: Commercial Aerospace Leading To Consistent Growth

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Howmet (HWM) is poised for growth on the back of continued recovery in the commercial aerospace end market and strength in commercial transportation.

Here's Why You Should Hold on to Howmet (HWM) Stock Now

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PITTSBURGH--( BUSINESS WIRE )--Howmet Aerospace Inc. (NYSE:HWM) will announce its fourth quarter 2022 and full year 2022 financial results on Tuesday, February 14, 2023. The press release and presentation materials will be available at approximately 7:00 AM ET on February 14, 2023, via the “Investors” section of the Howmet Aerospace website. A link to the press release will also be available via the Howmet Aerospace Twitter handle @HowmetAerospace at https://twitter.com/HowmetAerospace.

Howmet Aerospace to Host Webcast and Announce Fourth Quarter 2022 and Full Year 2022 Results

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Continued recovery in the commercial aerospace end market and strength in commercial transportation supports Howmet's (HWM) growth. The company's measures to reward its shareholders are encouraging.

Howmet (HWM) Up 23% in 6 Months: Will the Momentum Continue?

Howmet (HWM) reported earnings 30 days ago. What's next for the stock?

Why Is Howmet (HWM) Up 2% Since Last Earnings Report?

Howmet (HWM) is being plagued by weakness in the defense aerospace market, supply-chain disruptions, raw material cost inflation and foreign currency headwinds.

Here's Why You Should Steer Clear of Howmet (HWM) Stock Now

PITTSBURGH--( BUSINESS WIRE )--The Board of Directors of Howmet Aerospace (NYSE:HWM) today declared a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on January 1, 2023 to the holders of record of the Class A Stock at the close of business on December 9, 2022.

Howmet Aerospace Board Approves Preferred Stock Dividend

Howmet's (HWM) Q3 earnings gain on strong performance across most segments.

Howmet (HWM) Q3 Earnings Match Estimates, Increase Y/Y

Howmet Aerospace Inc. (NYSE:HWM ) Q3 2022 Results Conference Call October 31, 2022 10:00 AM ET Company Participants Paul Luther - Vice President of Investor Relations John Plant - Executive Chairman and Chief Executive Officer Kenneth Giacobbe - Executive Vice President and Chief Financial Officer Conference Call Participants Robert Spingarn - Melius Research Gautam Khanna - Cowen Elizabeth Grenfell - Bank of America David Strauss - Barclays Myles Walton - Wolfe Seth Seifman - JPMorgan Kristine Liwag - Morgan Stanley Noah Poponak - Goldman Sachs Matt Akers - Wells Fargo Operator Good day, and welcome to Howmet Aerospace Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Howmet Aerospace Inc. (HWM) Q3 2022 Earnings Call Transcript

Howmet (HWM) delivered earnings and revenue surprises of 0% and 0.36%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Howmet (HWM) Matches Q3 Earnings Estimates

Howmet Aerospace Inc. stock HWM, +3.08% fell 3.5% in premarket trade Monday, after the maker of engine components, fastening systems, engineered structures and forged aluminum wheels third-quarter 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 year-earlier period.

Howmet Aerospace stock falls premarket after Q3 revenue miss

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace (NYSE:HWM): Third Quarter 2022 Highlights Revenue of $1.43 billion, up 12% year over year, driven by Commercial Aerospace, up 23% YoY Net income of $80 million, or $0.19 per share, versus $27 million, or $0.06 per share, in the third quarter 2021 Net income excluding special items of $152 million, or $0.36 per share, versus $120 million, or $0.27 per share, in the third quarter 2021 Adjusted EBITDA excluding special items of $323 million, up 11% yea

Howmet Aerospace Reports Third Quarter 2022 Results

Howmet's (HWM) Q3 performance is likely to have benefited from a recovery in the commercial aerospace end market. However, supply-chain woes and high raw material costs might have hurt performance.

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