Hexcel: Q4 Earnings Insights

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.

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