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.

Earnings data Q1 2021

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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, pricing actions and cost-control measures bode well for Howmet (HWM).

Howmet (HWM) Shares Increase 11% YTD: What's Driving it?

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Howmet's (HWM) Q2 earnings reflect gains from solid segmental results.

Howmet (HWM) Q2 Earnings & Revenues Beat Estimates, Rise Y/Y

Howmet Aerospace Inc. (NYSE:HWM ) Q2 2022 Results Conference Call August 4, 2022 11:30 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 Kristine Liwag - Morgan Stanley Noah Poponak - Goldman Sachs Group Gautam Khanna - Cowen and Company Robert Stallard - Vertical Research Partners David Strauss - Barclays Bank Matthew Akers - Wells Fargo Securities George Shapiro - Shapiro Research Seth Seifman - JPMorgan Chase Philip Gibbs - KeyBanc Capital Markets Michael Ciarmoli - Truist Securities Operator Good morning, ladies and gentlemen, and welcome to Howmet Aerospace Second Quarter 2022 Results Conference Call. My name is Ian, and I will be your operator for today.

Howmet Aerospace Inc. (HWM) CEO John Plant on Q2 2022 Results - Earnings Call Transcript

Howmet (HWM) delivered earnings and revenue surprises of 6.06% and 2%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Howmet (HWM) Q2 Earnings and Revenues Beat Estimates

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace (NYSE:HWM): Second Quarter 2022 Highlights Revenue of $1.39 billion, up 17% year over year, driven by Commercial Aerospace, up 34% YoY Net income of $147 million, or $0.35 per share, versus $74 million, or $0.17 per share, in the second quarter 2021 Net income excluding special items of $149 million, or $0.35 per share, versus $96 million, or $0.22 per share, in the second quarter 2021 Adjusted EBITDA excluding special items of $317 million, up 17%

Howmet Aerospace Reports Second Quarter 2022 Results

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PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of Howmet Aerospace (NYSE:HWM) declared (a) a dividend of 2 cents per share on the outstanding Common Stock of the Company, to be paid on August 25, 2022, to the holders of record of the Common Stock at the close of business on August 5, 2022; and (b) 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 October 1, 2022 to the holders of record of the Class A Sto

Howmet Aerospace Board Approves Quarterly Dividends

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Inc. (NYSE:HWM) will announce its second quarter 2022 financial results on Thursday, August 4, 2022. The press release and presentation materials will be available at approximately 7:00 AM ET on August 4, 2022, 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. The conference call and webcast w

Howmet Aerospace to Host Webcast and Announce Second Quarter 2022 Results

Howmet Aerospace shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 86. The post Stock Upgrades: Howmet Aerospace Shows Rising Relative Strength appeared first on Investor's Business Daily.

Stock Upgrades: Howmet Aerospace Shows Rising Relative Strength

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Shares of Howmet Aerospace Inc. HWM, +1.91% rose 1.7% in premarket trading Friday, after Benchmark analyst Josh Sullivan turned bullish on the aerospace and titanium company, citing a supply chain recovery and market share gains as companies divest their titanium operations in Russia. Sullivan raised his rating to buy, after being at neutral for at least the pat two years.

Howmet Aerospace stock rallies after Benchmark upgrades, as long Ukraine war could boost titanium business

Howmet (HWM) stands to benefit from strength across its businesses, solid liquidity position and shareholder-friendly policies.

Here's Why You Should Give Howmet (HWM) Stock a Shot Now

Howmet (HWM) is poised to benefit from its exposure to diverse end markets, cost-saving efforts, a solid product portfolio and shareholder-friendly policies.

Howmet (HWM) Gains 9.4% in Six Months: More Room to Rally?

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

Howmet (HWM) Down 2.4% Since Last Earnings Report: Can It Rebound?

Howmet Aerospace is a high-tech aerospace supplier with additional transportation exposure. The company did well during the worst pandemic years and is now about to accelerate free cash flow and EBITDA thanks to accelerating demand.

Howmet Aerospace: A Closer Look

Howmet (HWM) is poised to benefit from its exposure in diverse end markets, a solid product portfolio, cost-saving efforts and shareholder-friendly moves.

Here's Why It is Worth Investing in Howmet (HWM) Stock Now

Howmet (HWM) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in Howmet (HWM) is Your Friend, Here's Why

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Executive Chairman and Chief Executive Officer, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the 2022 UBS Global Industrials and Transportation Conference on Tuesday, June 7, 2022 at 11:20 AM ET. A real-time audio only webcast of the event will be available on the “Investors/Events and Presentations” section of www.howmet.com, where a webcast replay will be

Howmet Aerospace to Present at UBS Global Industrials and Transportation Conference

Howmet Aerospace Inc. (NYSE:HWM ) Q1 2022 Results Conference Call May 3, 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 Stallard - Vertical Research Seth Seifman - JPMorgan Chase & Co Myles Walton - UBS Investment Bank David Strauss - Barclays Bank PLC Kristine Liwag - Morgan Stanley Gautam Khanna - Cowen and Company Robert Spingarn - Melius Research Noah Poponak - Goldman Sachs Matthew Akers - Wells Fargo Securities Philip Gibbs - KeyBanc Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Howmet Aerospace First Quarter 2022 Results Conference Call. My name is Eli, and I will be your operator for today.

Howmet Aerospace Inc. (HWM) CEO John Plant on Q1 2022 Results - Earnings Call Transcript

Howmet's (HWM) first-quarter 2022 revenues increase 9.5% year over year on account of impressive performance across most of its segments.

Howmet (HWM) Q1 Earnings & Revenues Surpass Estimates, Up Y/Y

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace (NYSE:HWM): First Quarter 2022 Highlights Revenue of $1.32 billion, up 10% year over year Net income of $131 million, or $0.31 per share, versus $80 million, or $0.18 per share, in the first quarter 2021 Net income excluding special items of $132 million, or $0.31 per share, versus $96 million, or $0.22 per share, in the first quarter 2021 Adjusted EBITDA excluding special items of $300 million, up 9% year over year Generated $55 million cash from o

Howmet Aerospace Reports First Quarter 2022 Results

Howmet's (HWM) Q1 earnings might have gained from healthy business in commercial aerospace and transportation and industrial gas turbine markets. Supply-chain woes are likely to have been spoilsport.

Howmet (HWM) to Post Q1 Earnings: What's in the Offing?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Howmet (HWM) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why "Trend" Investors Would Love Betting on Howmet (HWM)

PITTSBURGH--(BUSINESS WIRE)--Howmet Aerospace Inc. (NYSE:HWM) announced today that it will host a Technology Day on Monday, May 23, 2022, at 1:00 PM ET in New York. A detailed agenda and a real-time webcast of the event will be available on the “Investors/Events and Presentations” section of www.howmet.com. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation in

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