Welcome to our dedicated page for Howmet Aerospace news (Ticker: HWM), a resource for investors and traders seeking the latest updates and insights on Howmet Aerospace stock.
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The company's primary businesses focus on jet engine components, aerospace fastening systems, and titanium structural parts essential for mission-critical performance and efficiency in aerospace and defense applications. Additionally, Howmet manufactures forged wheels for commercial transportation, which further showcases its diverse capabilities.
Howmet operates in four distinct segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. These segments are dedicated to producing innovative products such as airfoils with cooling and coatings for extreme temperature applications, fasteners for lightweight composite airframe construction, and lightweight aluminum commercial wheels. These advancements contribute to the development of lighter, more fuel-efficient aircraft that operate with a lower carbon footprint.
With nearly 1,150 granted and pending patents, Howmet's technologies ensure its products remain at the forefront of the industry. The company's commitment to innovation and quality is evident in its continuous efforts to create solutions that meet the evolving needs of its customers.
Howmet Aerospace Inc. (NYSE:HWM) will participate in the Barclays Industrial Select Conference on February 23, 2022, at 10:55 AM ET. Leadership, including
Howmet Aerospace (HWM) reported a fourth quarter 2021 revenue of $1.3 billion, up 4% from the previous year. Income from continuing operations decreased to $77 million, or $0.18 per share, yet rose to $130 million excluding special items. The company generated $303 million in cash from operations and $242 million in adjusted free cash flow. For the full year, revenue dropped 5% to $5.0 billion, although income from continuing operations increased to $258 million. Guidance for Q1 2022 projects revenues between $1.280 billion and $1.320 billion.
Howmet Aerospace Inc. (NYSE:HWM) announced that Chairman and CEO John C. Plant, along with CFO Ken Giacobbe, will present at Cowen’s 43rd Annual Aerospace/Defense & Industrials Conference on February 9, 2022, at 9:20 AM ET. A live audio webcast will be accessible via the Investors/Events and Presentations section on www.howmet.com, with a replay available for 30 days post-event. Howmet Aerospace specializes in advanced engineered solutions for aerospace and transportation, focusing on jet engine components and titanium structural parts, backed by numerous patents for innovative technologies.
The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 2 cents per share, to be paid on February 25, 2022. Shareholders on record as of February 4, 2022 will receive this dividend. Howmet Aerospace is recognized for its advanced engineered solutions in the aerospace and transportation industries, focusing on jet engine components and titanium structural parts, supported by nearly 1,150 patents. This dividend indicates the company's commitment to returning value to its shareholders.
Howmet Aerospace Inc. (NYSE: HWM) will announce its fourth quarter and full year 2021 financial results on February 2, 2022, at 7:00 AM ET. The press release will be accessible in the 'Investors' section of the Howmet Aerospace website and via their Twitter handle @HowmetAerospace. A conference call will follow at 9:30 AM ET, hosted by John Plant and Ken Giacobbe. A replay of the call will be available starting 12:40 PM ET on February 2 until February 16, 2022.
Howmet Aerospace Inc. (NYSE: HWM) will participate in the Credit Suisse Global Industrials Conference on December 1, 2021, at 10:10 AM ET. Executive Chairman and CEO John C. Plant and CFO Ken Giacobbe will represent the company. A real-time webcast of the event will be accessible on www.howmet.com, with a replay available for one year post-event. Howmet Aerospace specializes in advanced engineered solutions for aerospace and transportation sectors, emphasizing fuel-efficient and low-carbon aircraft technologies.
Howmet Aerospace (NYSE:HWM) reported a strong performance in Q3 2021 with revenues of $1.28 billion, a 13% increase year-over-year. Operating income surged to $205 million, marking a 181% rise. Income from continuing operations, however, declined to $27 million or $0.06 per share compared to $36 million or $0.08 in Q3 2020. Excluding special items, income soared to $120 million or $0.27 per share. The company generated $67 million cash from operations with a cash balance of $726 million at quarter-end.
The Board of Directors of Howmet Aerospace (NYSE:HWM) declared a dividend of
Howmet Aerospace Inc. (NYSE:HWM) will release its third quarter 2021 financial results on November 4, 2021, at approximately 7:00 AM ET. A conference call will follow at 10:00 AM ET, hosted by Executive Chairman John Plant and CFO Ken Giacobbe. Investors can dial in using (833) 519-1352 or +1 (918) 922-6504 internationally. A replay will be available from 1:10 PM ET on November 4 until November 18, 2021. Visit the Howmet Aerospace website for details.
FAQ
What is the current stock price of Howmet Aerospace (HWM)?
What is the market cap of Howmet Aerospace (HWM)?
What does Howmet Aerospace Inc. specialize in?
Where is Howmet Aerospace Inc. headquartered?
What are the main business segments of Howmet Aerospace Inc.?
How many patents does Howmet Aerospace Inc. hold?
What markets does Howmet Aerospace Inc. serve?
How does Howmet Aerospace Inc. contribute to making aircraft more fuel-efficient?
What are some examples of products offered by Howmet Aerospace Inc.?
In which industries are Howmet Aerospace Inc.'s products primarily used?
What are the core values of Howmet Aerospace Inc.?
How does Howmet Aerospace Inc. stay ahead in its industry?
