Howmet Aerospace Inc. is expected to announce its latest quarterly earnings on Wednesday, May 6th, with a consensus estimate of $1.11 earnings per share.
Howmet Aerospace Inc. (HWM) is currently priced at $240, experiencing a slight decrease of $1.69 (-0.697%) from the previous close of $241.7. The trading volume is $622,083, representing a 24.89% change relative to the average volume.
In the most recent quarterly earnings report on Wednesday, February 11th, Howmet Aerospace Inc. reported earnings per share of 1.05, surpassing the consensus estimate of 0.965.
The company offers a forward dividend yield of 0.2%, distributing 12 cents per share MRQ, showing a year-over-year increase to 23.0769 cents.
Howmet Aerospace Inc. demonstrates a strong financial position with a free cash flow of $530 million and a net change in cash of $82 million.
With a revenue of $2.17 billion, the company achieved a net income of $372 million, resulting in an earnings per share of 93 cents.
Key financial metrics showcase the company's performance, including a gross profit margin of 31.5%, return on assets of 3.33, and a debt-equity ratio of 56.98.
The balance sheet reflects total assets of $11.18 billion and total liabilities of $5.83 billion, with a net debt of $2.31 billion.
This comprehensive report provides insights into Howmet Aerospace Inc.'s financial standing, performance, and outlook for investors.
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating parts, as well as structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners. The Engineered Structures segment provides titanium ingots and mill products for aerospace and defense applications; and aluminum and nickel forgings, and machined components and assemblies. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania.