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

Hexcel

25/01/2023 22:53

* Hexcel Corp  HXL.N  reported quarterly adjusted earnings
of 40
cents​​ per share for the quarter ended in December. The mean
expectation of seventeen analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue rose 19.2% to $429.40 million from a year ago;
analysts
expected $403.36 million. 
    * Hexcel Corp's reported EPS for the quarter was 43 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Hexcel Corp shares had risen by 5.6% this quarter.
    * The company reported quarterly net income of $37 million.
    * Wall Street's median 12-month price target for Hexcel Corp
is
$64.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 12
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
25 at 10:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.32           0.40           Beat
 Sep. 30 2022      0.33           0.33           Met
 Jun. 30 2022      0.30           0.33           Beat
 Mar. 31 2022      0.17           0.22           Beat