Howmet Aerospace (HWM) Tops Q4 EPS by 6c, Offers Guidance

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Go back to Howmet Aerospace (HWM) Tops Q4 EPS by 6c, Offers Guidance

Howmet Aerospace Reports Fourth Quarter and Full Year 2023 Results

February 13, 2024 7:00 AM EST

FY 2023: Revenue Up 17% Year Over Year; Record Profit and Record Cash from Operations

FY 2023: Approx. $800 million Deployed for Debt Paydown, Common Stock Repurchase and Dividends

FY 2024: Expect Revenue Growth of Approx. 7% and Improved Cash Generation

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

Fourth Quarter 2023 Highlights

Revenue of $1.7 billion, up 14% year over year, driven by commercial aerospace, up 22% year over year Net income of $236 million versus $111 million in the fourth quarter 2022; earnings per share of $0.57 versus $0.26 in... More