Hexcel: Q4 Earnings Insights

Hexcel (NYSE: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.

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.

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.