Howmet Aerospace (HWM) Tops Q2 EPS by 6c, Revenues Beat; Offers FY20 EPS/Revenue Outlook
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Howmet Aerospace Reports Second Quarter 2020 Financial Results
August 6, 2020 7:00 AM EDTPITTSBURGH--(BUSINESS WIRE)-- On April 1, 2020, Arconic Inc. completed the separation of its business into two independent, publicly-traded companies: Howmet Aerospace Inc. (the new name for Arconic Inc.) and Arconic Corporation (Arconic Corp).
Second Quarter 2020 Highlights
Revenue of $1.25 billion, down 31% year over year Loss from Continuing Operations of $84 million, or $0.19 per share, versus $136 million, or $0.31 per share, in the second quarter 2019 Income from Continuing Operations excluding special items of $55 million, or $0.12 per share, versus $147 million, or $0.32 per share, in the second quarter 2019 Operating income of $74 million vs. an operating loss of $176... More