Howmet Aerospace (HWM) Tops Q1 EPS by 3c, Offers Guidance
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Howmet Aerospace Reports First Quarter 2021 Results
May 6, 2021 7:00 AM EDTFirst Quarter 2021 Highlights
Revenue of $1.2 billion, down 26% year over year Income from continuing operations of $80 million, or $0.18 per share, versus $153 million, or $0.35 per share, in the first quarter 2020 Income from continuing operations excluding special items of $96 million, or $0.22 per share, versus $194 million, or $0.44 per share, in the first quarter 2020 Operating income of $189 million, down 27% year over year Operating income excluding special items of $208 million, down 34% year over year Cash used for operations of ($6 million) and adjusted free cash flow of ($4 million); cash used for financing activities of ($368... More