Hexcel HXL reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Hexcel missed estimated earnings by 12.24%, reporting an EPS of $0.43 versus an estimate of $0.49.
Revenue was up $28.10 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 7.66% drop in the share price the next day.
Here's a look at Hexcel's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 0.43 | 0.48 | 0.38 | 0.32 |
EPS Actual | 0.38 | 0.50 | 0.50 | 0.40 |
Revenue Estimate | 427.28M | 448.36M | 430.02M | 403.29M |
Revenue Actual | 419.50M | 454.30M | 457.70M | 429.40M |
To track all earnings releases for Hexcel visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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