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Stock impact report

Hexcel's Q3 Earnings Surpass Estimates, Sales Improve Y/Y [Yahoo! Finance]

Hexcel Corporation (HXL) 
Last hexcel corporation earnings: 2/3 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Hexcel Corporation HXL reported third-quarter 2024 adjusted earnings of 47 cents per share, which improved 23.7% from the year-ago quarter's figure of 38 cents. The bottom line also surpassed the Zacks Consensus Estimate of 46 cents by 2.2%. The company reported GAAP earnings of 49 cents per share, which increased 8.9% from the year-ago quarter's figure of 45 cents. The year-over-year bottom line improvement can be attributed to higher net sales and operating income compared with the prior-year quarter. Total Sales The company's net sales totaled $456.5 million, which beat the Zacks Consensus Estimate of $456.2 million by 0.1%. The top line also witnessed an improvement of 8.8% from the year-ago quarter's figure of $419.5 million. The year-over-year improvement can be attributed to sales growth in the Commercial Aerospace market. Hexcel Corporation Price, Consensus and EPS Surprise Hexcel Corporation price-consensus-eps-surprise-chart | Hexcel Corporation Quote Oper Show less Read more
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