Hexcel Corp. (HXL) Tops Q2 EPS by 2c, Trims FY15 Revenue Guidance, Maintains EPS
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Hexcel Reports Record 2015 Second Quarter Results
July 20, 2015 4:05 PM EDTDiluted EPS of $0.63 was 14.5% higher than prior year adjusted diluted EPS of $0.55 (Q2 2014 GAAP EPS was $0.51). Sales of $475.7 million were 1.2% higher than last year (5.4% in constant currency), driven by Commercial Aerospace (up 7.7% in constant currency). Adjusted operating income was $90.6 million, 19.0% of sales, as compared to $81.1 million, 17.3% of sales in 2014 (Q2 2014 GAAP operating income was $75.1 million). Full year 2015 guidance maintained: adjusted diluted EPS of $2.33 to $2.43
STAMFORD, Conn.--(BUSINESS WIRE)--
Regulatory News:
See Table C for reconciliation of GAAP and non-GAAP operating income, net income and earnings per share
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