Howmet Aerospace Inc. (HWM) PT Raised to $39 at KeyBanc
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Howmet Aerospace Reports Third Quarter 2022 Results
October 31, 2022 7:00 AM EDTCommercial Aerospace Revenue Up 23% YoY, Positive Cash Generation
$100 Million Share Repurchases, Doubled Quarterly Common Stock Dividend in Fourth Quarter 2022
2023 Preliminary Revenue Growth Guidance Approximately 10% (+/- 2%)
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace (NYSE: HWM):
Third Quarter 2022 Highlights
Revenue of $1.43 billion, up 12% year over year, driven by Commercial Aerospace, up 23% YoY Net income of $80 million, or $0.19 per share, versus $27 million, or $0.06 per share, in the third quarter 2021 Net income excluding special items of $152 million, or $0.36 per... More