secwatch.observer — SEC 8-K summary
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Issuer:     Howmet Aerospace Inc. (HWM)
CIK:        0000004281
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001157523-23-000273
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4281/000115752323000273/0001157523-23-000273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4281/000115752323000273/a53321439.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer