Financial News

Hexcel (HXL) Reports Q4: Everything You Need To Know Ahead Of Earnings

HXL Cover Image

Aerospace and defense company Hexcel (NYSE:HXL) will be reporting results tomorrow after the bell. Here’s what to expect.

Hexcel missed analysts’ revenue expectations by 1% last quarter, reporting revenues of $456.5 million, up 8.8% year on year. It was a slower quarter for the company, with a significant miss of analysts’ adjusted operating income estimates.

Is Hexcel a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Hexcel’s revenue to grow 4.3% year on year to $476.9 million, slowing from the 6.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.52 per share.

Hexcel Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hexcel has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Hexcel’s peers in the aerospace and defense segment, only AAR has reported results so far. It beat analysts’ revenue estimates by 4.9%, delivering year-on-year sales growth of 25.8%. The stock traded up 8.6% on the results.

Read our full analysis of AAR’s earnings results here.

There has been positive sentiment among investors in the aerospace and defense segment, with share prices up 4.6% on average over the last month. Hexcel is up 6.1% during the same time and is heading into earnings with an average analyst price target of $68.56 (compared to the current share price of $66.98).

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