Hexcel Corp expected to post earnings of 56 cents a share - Earnings Preview

Hexcel

16/07/2024 14:39

* Hexcel Corp  HXL.N   HXL  is expected to show a rise in
quarterly revenue when it reports  results on July 18 for the
period ending June 30 2024
    * The Stamford Connecticut-based  company is expected to
report a
6.4% increase in revenue to $483.362 million from $454.3 million
a year ago, according to the mean estimate from 17 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Hexcel Corp is for
earnings of
56 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 10
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Hexcel Corp
is
$75.00​, above​ its last closing price of $67.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.42        0.41       0.44      Beat    6.3
 Dec. 31 2024  0.49        0.49       0.43      Missed  -12.8
 Sep. 30 2023  0.43        0.43       0.38      Missed  -11.8​
 Jun. 30 2023  0.50        0.48       0.50      Beat    3.5
 ​​Mar.        0.38        0.38       0.50      Beat    30.5
 31 2023                                                
 Jan. 1 0001   0.32        0.32       0.40      Beat    23.9​
 Jan. 1 0001   0.35        0.33       0.33      Met     -0.5
 Jun. 30 2022  0.30        0.30       0.33      Beat    11.5
 This summary was machine generated July 16 at 13:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)