Hexcel Corp. (HXL) Tops Q1 EPS by 2c, Maintains FY Guidance

Hexcel Corp. (NYSE: HXL) reported Q1 EPS of $0.59, $0.02 better than the analyst estimate of $0.57. Revenue for the quarter came in at $497.7 million versus the consensus estimate of $501.6 million.

Looking ahead, Mr. Stanage said, “With the strong start to the year, we remain confident in achieving our 2016 guidance of adjusted diluted EPS of $2.44 to $2.56 on sales of $1.97 to $2.07 billion. The Company’s focus in 2016 remains driving manufacturing throughput, capacity expansion and superior execution to prepare for the substantial production ramp up of new programs, led by Commercial Aerospace.”

For earnings history and earnings-related data on Hexcel Corp. (HXL) click here.

You May Also Be Interested In

• Guggenheim Starts Hexcel Corp. (HXL) at Buy
• Wells Fargo cuts Netflix rating on engagement risk, weak slate
• Lumentum shares rise on analyst upgrades, AI demand outlook