Howmet: Fourth Quarter Earnings Overview

Howmet Aerospace Announces Strong Fourth-Quarter Results

Howmet Aerospace Inc., headquartered in Pittsburgh, revealed on Thursday that it achieved a net profit of $372 million during the fourth quarter.

The company reported earnings of 92 cents per share, while adjusted earnings—excluding special items—came in at $1.05 per share.

These figures surpassed analysts’ expectations, as the consensus from eight analysts polled by Zacks Investment Research had anticipated earnings of 97 cents per share.

Howmet, a manufacturer specializing in engineered components for the aerospace sector and other industries, generated $2.17 billion in revenue for the quarter. This result also exceeded projections, with five Zacks analysts forecasting $2.14 billion.

Outlook for the Upcoming Quarter and Year

• For the quarter ending in March, Howmet projects earnings per share between $1.09 and $1.11.
• Revenue for the fiscal first quarter is expected to fall between $2.23 billion and $2.25 billion.
• For the full year, the company anticipates earnings per share in the range of $4.35 to $4.55, with total revenue estimated between $9 billion and $9.2 billion.