PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Chairman and Chief Executive Officer, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will participate in the Bank of America Global Industrials Conference in London, UK, on March 18, 2025, at 10:50 AM ET. A link to the real-time audio webcast of the event will be available on the “Investors/Events and Presentations” section of , where a webcast replay will be available for 30 days following the presentation. About Howmet Aerospace Howmet Aerospace Inc., headquartered i...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace (NYSE:HWM): Fourth Quarter 2024 GAAP Financial Results Revenue of $1.9 billion, up 9% year over year, driven by Commercial Aerospace, up 13% Net Income of $314 million versus $236 million in the fourth quarter 2023; Earnings Per Share of $0.77 versus $0.57 in the fourth quarter 2023 Operating Income Margin of 23.5% Generated $480 million of cash from operations; $284 million of cash used for financing activities; and $107 million of cash used for investing activities Full Year 2024 GAAP Financial Results Revenue of $7.4 billion...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Chairman and Chief Executive Officer, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the Barclays Annual Industrial Select Conference on Wednesday, February 19, 2025, at 7:30 AM ET. A real-time webcast of the event will be available on the “Investors/Events and Presentations” section of , where a webcast replay will be available for 90 days following the presentation. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania...
PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace Inc. (NYSE: HWM) declared (a) a dividend of 10 cents per share on the outstanding Common Stock of the Company, to be paid on February 25, 2025 to the holders of record of the Common Stock at the close of business on February 7, 2025; and (b) a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on April 1, 2025 to the holders of record of the Class A Stock at the close of business on March 14, 2025. About Howmet Aerospace Howmet Aerospace I...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) will announce its fourth quarter and full year 2024 financial results on Thursday, February 13, 2025. The press release and presentation materials will be available at approximately 7:00 AM ET on February 13, 2025, via the “Investors” section of the Howmet Aerospace website. The conference call and webcast will begin at 10:00 AM ET. Details of both follow. Conference Call Information: Day: Thursday, February 13, 2025 Time: 10:00 AM ET Hosts: John Plant, Executive Chairman and Chi...
PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace Inc. (NYSE:HWM) declared a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on January 1, 2025, to the holders of record of the Class A Stock at the close of business on December 13, 2024. About Howmet Aerospace 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...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace (NYSE:HWM): Third Quarter 2024 GAAP Financial Results Revenue of $1.84 billion, up 11% year over year, driven by commercial aerospace, up 17%, partially offset by commercial transportation, down 12% Net income of $332 million versus $188 million in the third quarter 2023; earnings per share of $0.81 versus $0.45 in the third quarter 2023 Operating income margin of 22.9% Generated $244 million of cash from operations; $441 million of cash used for financing activities; and $80 million of cash used for investing activities Share repurchas...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Executive Chairman and Chief Executive Officer, will speak at the Baird 2024 Global Industrial Conference on Wednesday, November 13, 2024, at 1:00 PM ET. A real-time webcast of the event will be available on the “Investors/Events and Presentations” section of , where a webcast replay will be available for 90 days following the presentation. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for ...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) will announce its third quarter 2024 financial results on Wednesday, November 6, 2024. The press release and presentation materials will be available at approximately 7:00 AM ET on November 6, 2024, via the “Investors” section of the Howmet Aerospace website. The conference call and webcast will begin at 10:00 AM ET. Details of both follow. Conference Call Information: Day: Wednesday, November 6, 2024 Time: 10:00 AM ET Hosts: John Plant, Executive Chairman and Chief Executive Officer ...
PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace Inc. (NYSE:HWM) declared a dividend of 8 cents per share on the outstanding Common Stock of the Company, to be paid on November 25, 2024 to the holders of record of the Common Stock at the close of business on November 8, 2024. About Howmet Aerospace 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 ...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE: HWM) announced today that John C. Plant, Chairman and Chief Executive Officer, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the Jefferies Industrials Conference on Thursday, September 5, 2024, at 10:25 AM ET. A real-time webcast of the event will be available on the “Investors/Events and Presentations” section of , where a webcast replay will be available for 90 days following the presentation. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a le...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (“Howmet Aerospace” or the “Company”) (NYSE:HWM) today announced that it has priced its underwritten public offering of $500 million aggregate principal amount of its 4.850% Notes due 2031 (the “Notes”). The offering is expected to close on August 22, 2024, subject to customary closing conditions. The Company intends to use the net proceeds from the offering, together with cash on hand, for the redemption of all of the outstanding principal amount of approximately $577 million of its 6.875% Notes due 2025. J.P. Morgan Securities LLC, Citi...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (“Howmet Aerospace” or the “Company”) (NYSE: HWM) today announced the launch of a proposed offering of notes (the “Notes”). The timing of pricing and terms of the Notes are subject to market conditions and other factors. The Company intends to use the net proceeds from the offering, together with cash on hand, for the redemption of all of the outstanding principal amount of approximately $577 million of its 6.875% Notes due 2025. J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and SMBC Nikko Securities ...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace (NYSE:HWM) today reported the following actions taken by rating agencies Moody’s and Fitch. On August 6, 2024, Moody’s upgraded Howmet Aerospace’s senior unsecured ratings from Baa3 to Baa1, the commercial paper ratings from P-3 to P-2, and the preferred stock ratings from Ba2 to Baa3. The senior unsecured rating change is a two-notch upgrade from the prior rating. The rating outlook was revised from positive to stable. On August 6, 2024, Fitch affirmed Howmet Aerospace’s senior unsecured debt ratings at BBB, the short-term and commercial pape...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace (NYSE:HWM): Second Quarter 2024 GAAP Financial Results Revenue of $1.88 billion, up 14% year over year, driven by commercial aerospace, up 27% Net income of $266 million versus $193 million in the second quarter 2023; earnings per share of $0.65 versus $0.46 in the second quarter 2023 Operating income margin of 21.2% Generated $397 million of cash from operations; $123 million of cash used for financing activities; and $54 million of cash used for investing activities Share repurchases of $60 million; $0.05 per share dividend on c...
PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace Inc. (NYSE:HWM) declared (a) a dividend of 8 cents per share on the outstanding Common Stock of the Company, to be paid on August 26, 2024 to the holders of record of the Common Stock at the close of business on August 9, 2024; and (b) a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on October 1, 2024 to the holders of record of the Class A Stock at the close of business on September 13, 2024. About Howmet Aerospace Howmet Aerospace I...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) will announce its second quarter 2024 financial results on Tuesday, July 30, 2024. The press release and presentation materials will be available at approximately 7:00 AM ET on July 30, 2024, via the “Investors” section of the Howmet Aerospace website. The conference call and webcast will begin at 10:00 AM ET. Details of both follow. Conference Call Information: Day: Tuesday, July 30, 2024 Time: 10:00 AM ET Hosts: ...
Downgrading Manufacturing to Market Weight Our bullish outlook (since early-November 2023) remains intact. In terms of the S&P 500 and Nasdaq 100, there are few things more bullish than indexes breaking out to all-time highs following a major correction that we had in 2022 -- but that is exactly what is happening. In last week's Compass (5/21/24) we discussed how it is a very bullish sign that there have been three upside gaps in May on the S&P 500, with all gaps left unfilled. This and the hea...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Executive Chairman and Chief Executive Officer, will participate in Bernstein’s 40th Annual Strategic Decisions Conference on Wednesday, May 29th, 2024, at 3:30 PM ET. A link to the real-time audio webcast of the event will be available on the “Investors/Events and Presentations” section of , where a webcast replay will be available for 30 days following the presentation. About Howmet Aerospace Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of...
PITTSBURGH--(BUSINESS WIRE)-- Howmet Aerospace Inc. (NYSE:HWM) will host its 2024 Annual Meeting of Shareholders on Wednesday, May 22, 2024, at 12:00 p.m. Eastern Time. The annual meeting will be held in a virtual format only, via webcast at . A replay of the webcast will be available on the company website from 10:00 a.m. Eastern Time on Thursday, May 23, 2024, until March 1, 2025. As described in the proxy materials for the Annual Meeting previously distributed, shareholders of record of Howmet Aerospace common stock as of the close of business on March 25, 2024, the record date, are entit...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.