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Dec 31, 2021
Howmet Aerospace Q4 2021 Earnings Report
Reported improved margins and strong cash generation, with ~$845 million in debt reduction and $430 million in share repurchases.
Key Takeaways
Howmet Aerospace reported Q4 2021 revenues of $1.3 billion, a 4% increase year-over-year, driven by growth in commercial aerospace and transportation markets. Income from continuing operations was $77 million, or $0.18 per share, while income from continuing operations excluding special items was $130 million, or $0.30 per share. The company generated $242 million of adjusted free cash flow and ended the quarter with a cash balance of $722 million.
Revenue increased by 4% year over year, reaching $1.3 billion.
Income from continuing operations was $77 million, or $0.18 per share.
Income from continuing operations excluding special items was $130 million, or $0.30 per share.
Adjusted free cash flow was $242 million.
Revenue by Segment
Forward Guidance
Howmet Aerospace anticipates accelerating revenue growth through 2022 following a flat first quarter 2022 relative to fourth quarter 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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