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

Hexcel

23/10/2023 22:44

* Hexcel Corp  HXL.N  reported quarterly adjusted earnings
of 38
cents​​ per share for the quarter ended in September. The mean
expectation of seventeen analysts for the quarter was
for earnings of 43 cents per share.
    * Revenue rose 15% to $419.50 million from a year ago;
analysts
expected $427.28 million. 
    * Hexcel Corp's reported EPS for the quarter was 45 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Hexcel Corp shares had fallen by 0.5% this quarter and
gained 10.2% so far this year.
    * The company reported quarterly net income of $38.7
million.
    * Wall Street's median 12-month price target for Hexcel Corp
is
$75.00 
    * 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 LSEG Refinitiv data
October 23 at 09:44 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.43           0.38           Missed
 Jun. 30 2023      0.48           0.50           Beat
 Mar. 31 2023      0.38           0.50           Beat
 Dec. 31 2022      0.32           0.40           Beat