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

Hexcel

24/04/2023 23:15

* Hexcel Corp  HXL.N  reported quarterly adjusted earnings
of 50
cents​​ per share for the quarter ended in March. The mean
expectation of sixteen analysts for the quarter was for earnings
of 38 cents per share.
    * Revenue rose 17.2% to $457.70 million from a year ago;
analysts
expected $430.02 million. 
    * Hexcel Corp's reported EPS for the quarter was 33 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Hexcel Corp shares had fallen by 0.1% this quarter and
gained 15.9% so far this year.
    * The company reported quarterly net income of $42.7
million.
    * Wall Street's median 12-month price target for Hexcel Corp
is
$66.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 13
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 24 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.38           0.50           Beat
 Dec. 31 2022      0.32           0.40           Beat
 Sep. 30 2022      0.33           0.33           Met
 Jun. 30 2022      0.30           0.33           Beat