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Hexcel CEO transition adds risks, with new CEO Tom Gentile's past performance at Spirit AeroSystems raising concerns. Airplane production remains pressured, with Boeing and Airbus dialing back production and no new airplane programs on the horizon. Q1 earnings showed sales growth but profit falling, with challenges in the Industrial segment and declining margins impacting overall performance.
STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its second quarter of 2024 on Thursday, July 18 before the stock market opens. Company management will then host a webcast and conference call to discuss highlights of its financial results at 10 a.m. ET. The call will be hosted by CEO and President Tom Gentile and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at ww.
Earnings will increase dramatically in the second half for this package delivery giant. This aerospace company has been sold off on near-term fears, but its long-term growth prospects remain intact.
Hexcel (HXL) reported earnings 30 days ago. What's next for the stock?
Hexcel's (HXL) first-quarter revenues improve year over year but miss the Zacks Consensus Estimate by 0.6%. The company reiterates its 2024 outlook.
While the top- and bottom-line numbers for Hexcel (HXL) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Get a deeper insight into the potential performance of Hexcel (HXL) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Hexcel (HXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hexcel's surprise appointment of the former top boss of troubled aerospace supplier Spirit AeroSystems as its new CEO spooked investors on Wednesday, sparking a 12% fall in its shares.
Hexcel is about to get a new CEO, news that came as a surprise to investors. Current CEO Nick Stanage will stay on as executive chairman of the board until year's end to help with the transition.