Hexcel Corp reports results for the quarter ended December 31 - Earnings Summary

Hexcel

22/01/2025 22:57

* Hexcel Corp  HXL.N  reported quarterly adjusted earnings
of 52
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 43
cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 50 cents per share. Wall Street
expected results to range from 46 cents to 54 cents per share.
    * Revenue rose 3.6% to $473.80 million from a year ago;
analysts
expected $473.23 million. 
    * Hexcel Corp's reported EPS for the quarter was 7 cents​.
    * The company reported quarterly net income of $5.8 million.
    * Hexcel Corp shares had risen by 9.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 13
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "hold"

Wall Street's median 12-month price target for Hexcel Corp is
$71.50 
This summary was machine generated from LSEG data January 22 at
10:57 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.50           0.52           Beat
 Sep. 30 2024      0.46           0.47           Beat
 Jun. 30 2024      0.56           0.60           Beat
 Mar. 31 2024      0.41           0.44           Beat