Howmet Aerospace Q4 revenue $1.5B (+18%); adj. EPS $0.38; FY23 guidance rev $6.0-6.2B

Howmet Aerospace Inc.

2023-FY EPS reported $1.11 revenue$5,663,000,000

Q4 revenue $1.5B (+18% YoY); commercial aerospace up 29%.
Adjusted net income $160M ($0.38 EPS) vs $130M ($0.30) in Q4 2021.
Full year free cash flow $540M; $400M in share repurchases; dividend doubled to $0.04/share.
FY2023 revenue guidance $6.0-6.2B; adj. EBITDA $1.335-1.415B; adj. EPS $1.53-$1.67.
Engine Products segment revenue +21%, segment EBITDA +26%; Fastening Systems revenue +11% but EBITDA -3%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Howmet Aerospace Inc. updated its the fourth quarter of 2022 and full year 2022 guidance (raised).

Period: the fourth quarter of 2022 and full year 2022
Guidance: raised
Result: reported results

Exact text from the filing

On February 14, 2023, Howmet Aerospace Inc. issued a press release announcing its financial results for fourth quarter of 2022 and full year 2022.

View on SEC.gov

Browse all earnings releases →

Howmet Aerospace Inc. filing history →

Source: SEC EDGAR

accession 0001157523-23-000273

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.