Howmet aerospace reports q2 loss per share of $0.19 from continuing operations

Sees fy earnings per share $0.60-$0.72 excluding items (not reports q2 earnings per share $0.60 excluding items).howmet aerospace reports second quarter 2020 financial results.q2 earnings per share $0.12 from continuing operations excluding items.q2 loss per share $0.19 from continuing operations.q2 revenue $1.25 billion versus refinitiv ibes estimate of $1.12 billion.q2 earnings per share estimate $0.06 -- refinitiv ibes data.sees full year 2020 revenue of $5.10 billion - $5.30 billion, adjusted ebitda of $995 million - $1.065 billion.sees full year 2020 adjusted ebitda margin of 19% - 21%, earnings per share excluding special items $0.60 - $0.72.sees q3 2020 revenue $1.050 billion - $1.150 billion.sees q2 2020 to q4 2020 adjusted free cash flow $350 million - $450 million.cost reduction target increased to $100 million in 2020.expect that q3 2020 revenue and earnings will represent low point for year.q4 2020 revenue is expected to recover with margins rebounding to levels similar to q2 2020.fy2020 earnings per share view $0.69, revenue view $5.15 billion -- refinitiv ibes data.q3 revenue view $1.15 billion -- refinitiv ibes data.
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