Howmet Aerospace Q4 2019 Earnings Report
Key Takeaways
Arconic Inc. reported fourth quarter revenues of $3.4 billion, a decrease of 2% year over year. Net income was $309 million, or $0.70 per share, compared to $218 million, or $0.44 per share, in the fourth quarter of 2018. Net income excluding special items was $234 million, or $0.53 per share, compared to $162 million, or $0.33 per share, in the fourth quarter 2018.
Revenue of $3.4 billion, down 2% year over year; organic revenue up 1% year over year
Net income of $309 million, or $0.70 per share
Net income excluding special items of $234 million, or $0.53 per share
Operating income of $416 million
Howmet Aerospace
Howmet Aerospace
Howmet Aerospace Revenue by Segment
Forward Guidance
Arconic is providing the following 2020 guidance: Full Year 2020 Revenue $13.9-$14.2 billion, Earnings Per Share Excluding Special Items* $2.22-$2.42, Adjusted Free Cash Flow* $800-$900 million