HXL Stock Recent News

SSR Mining should bounce back from a tragedy it suffered earlier this year. Airplane manufacturers are committed to ramping up production, and Hexcel is first in line to benefit.

Hexcel is a top manufacturer of composite materials for aerospace, defense, and industrial markets globally. Strong secular growth opportunity in the aerospace industry with increasing demand for composite-rich planes. Airbus and Boeing production normalization provides a short-term sentiment catalyst for Hexcel's stock price.

ON semiconductor's end markets look like they are bottoming in 2024. Hexcel looks like the future of the aerospace industry.

Hexcel's (HXL) second-quarter revenues improve year over year by 10.1%. However, the company lowers its sales and earnings 2024 outlook.

Although the revenue and EPS for Hexcel (HXL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hexcel (HXL) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.50 per share a year ago.

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 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.