HXL Stock Recent News

STAMFORD, Conn.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its first quarter of 2023 on Monday, April 24 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Tuesday, April 25 at 10 a.m. ET. The call will be hosted by Chairman, CEO and President Nick Stanage and Chief Financial Officer Patrick Winterlich.

Hexcel (HXL) reported earnings 30 days ago. What's next for the stock?

Hexcel Corporation results have shown significant recovery. Share price appreciation is running ahead of recovery, making a Hexcel Corporation buy somewhat risky.

The recovery in the aerospace market is a great investment theme for 2023, and the company's results reflect that.

Hexcel Corporation (NYSE:HXL ) Q4 2022 Earnings Conference Call January 26, 2023 10:00 AM ET Company Participants Patrick Winterlich - Chief Financial Officer Nick Stanage - Chairman, President and CEO Kurt Goddard - Vice President, Investor Relations Conference Call Participants David Strauss - Barclays Pete Skibitski - Alembic Global Ron Epstein - Bank of America Myles Walton - Wolfe Research Robert Spingarn - Melius Research Kristine Liwag - Morgan Stanley Gautam Khanna - Cowen Mike Sison - Wells Fargo Michael Ciarmoli - Truist Securities Richard Safran - Seaport Research Robert Stallard - Vertical Research Operator Good morning, my name is Emma. I will be your conference operator today.

Hexcel's (HXL) Q4 total sales of $429.4 million beat the Zacks Consensus Estimate by 6.7%. Also, the top line witnesses an improvement of 19.2% from the year-ago quarter.

Hexcel (HXL) delivered earnings and revenue surprises of 29.03% and 6.67%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

STAMFORD, Conn.--( BUSINESS WIRE )--Hexcel Corporation (NYSE: HXL) announced today that it will report financial results for its fourth quarter of 2022 on Wednesday, January 25 after the market close.

Hexcel missed the projection of sales and cash flow in the third quarter. Its stock is down eight points to $57 a share. Hexcel sales grew 19% in the first nine months of the year but declines in commercial aircraft production, caused by a shortage of engines, led temporarily to lower growth.

Aerospace is a hot sector to invest in 2023, but which stock is the best way to buy in to the sector?