Howmet Aerospace (HWM) Tops Q4 EPS by 1c, Offers Guidance

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Howmet Aerospace Reports Fourth Quarter 2021 and Full Year 2021 Results

February 2, 2022 7:00 AM EST

Improved Margins, Strong Cash Generation, ~$845 Million Debt Reduction, $430 Million Share Repurchases

PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace (NYSE: HWM):

Fourth Quarter 2021 Highlights

Revenue of $1.3 billion, up 4% year over year Income from continuing operations of $77 million, or $0.18 per share, versus income from continuing operations of $106 million, or $0.24 per share, in the fourth quarter 2020 Income from continuing operations excluding special items of $130 million, or $0.30 per share, versus $92 million, or $0.21 per share, in the fourth quarter 2020 Generated $303 million cash from operations and $242... More