Hexcel Corp drops on Q3 results miss
24/10/2023 12:58
** Shares of Hexcel Corp HXL.N fall 7.4% to $60.1 in
premarket trading
** Stock set to open at nine-month low, if losses hold
** The aerospace supplier posts Q3 adj. EPS of $0.38,
missing analysts' estimates of $0.43 - LSEG data
** Co also reports quarterly revenue of $419.5 mln compared
with estimates of $427.3 mln
** Says Q3 results impacted by seasonal factors and supply
chain issues in Commercial Aerospace market
** Up to Monday's close, stock up 10.28% YTD
(Reporting by Shristi Achar A in Bengaluru)
((Shristi.AcharA@thomsonreuters.com
https://twitter.com/ShristiAchar))