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Hexcel (HXL) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.33 per share a year ago.
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STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its second quarter of 2023 on Monday, July 24 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Tuesday, July 25 at 10 a.m. ET. The call will be hosted by Chairman, CEO and President Nick Stanage and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations web.
Illinois Tool Works continues to reward investors with a blend of short- and long-term growth. The aerospace and defense industries are set to use much more advanced composites in the future.
Hexcel (HXL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Hexcel (HXL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The company's diversified businesses served it well during the aviation slump. Honeywell's breakthrough initiatives promise to deliver much growth for the company.
Hexcel's (HXL) total Q1 sales of $458 million beat the Zacks Consensus Estimate by 6.8%. Also, the top line witnesses an improvement of 17.2% from the year-ago quarter.
The headline numbers for Hexcel (HXL) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hexcel (HXL) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.22 per share a year ago.