WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Thursday, Howmet Aerospace Inc. (HWM) initiated its adjusted earnings guidance for the first quarter and for the full-year 2025.
For the first quarter, the company expects adjusted earnings in a range of $0.75 to $0.77 per share on revenues between $1.925 billion and $1.945 billion.
On average, analysts polled expect the company to report earnings of $0.71 per share on revenues of $1.92 billion for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2025, the company now projects adjusted earnings in a range of $3.13 to $3.21 per share on revenues between $7.93 billion and $8.13 billion.
The Street is looking for earnings of $3.21 per share on revenues of $8.06 billion for the year.
On January 27, the Board of Directors declared a 25 percent higher dividend of $0.10 per share on the Company's common stock, payable on February 25, 2025 to holders of record as of the close of business on February 7, 2025.
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