Hexcel Q4 EPS $0.43, sales up 19%; dividend raised 25%; FY23 guidance above consensus

HEXCEL CORP /DE/

Q4 2022 GAAP diluted EPS $0.43 vs $0.22 YoY; adjusted diluted EPS $0.40 vs $0.16.
Q4 net sales $429M, up 19.2% YoY; FY22 sales $1,577.7M, up 19.1% YoY.
Quarterly dividend increased 25% to $0.125/share from $0.10; payable Feb 17, 2023.
FY22 free cash flow $96.8M; FY23 guidance: sales $1.725B-$1.825B, adj. EPS $1.70-$1.90, FCF >$140M.
Commercial Aerospace sales grew 28.3% in Q4; Space & Defense +19.5% in Q4.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

HEXCEL CORP /DE/ reported the fiscal year ended December 31, 2022 results: revenue $1,577.7, net income 126.3, EPS $1.49. Guidance initiated.

Period: the fiscal year ended December 31, 2022
Revenue: $1,577.7
Net income: 126.3
EPS: $1.49
Guidance: initiated
Result: reported results

Exact text from the filing

Net Sales $ 429.4 $ 360.3 19.2 % $ 1,577.7 $ 1,324.7 19.1 % Net sales change in constant currency 21.7 % 21.7 % Operating Income 40.5 23.0 76.1 % 175.2 51.8 238.2 % Net Income 37.0 18.9 95.8 % 126.3 16.1 684.5 % Diluted net income per common share $ 0.43 $ 0.22 95.5 % $ 1.49 $ 0.19 684.2 %

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

HEXCEL CORP /DE/ reported the fiscal quarter ended December 31, 2022 results: revenue $429.4, net income 37.0, EPS $0.43. Guidance initiated.

Period: the fiscal quarter ended December 31, 2022
Revenue: $429.4
Net income: 37.0
EPS: $0.43
Guidance: initiated
Result: reported results

Exact text from the filing

Net Sales $ 429.4 $ 360.3 19.2 % $ 1,577.7 $ 1,324.7 19.1 % Net sales change in constant currency 21.7 % 21.7 % Operating Income 40.5 23.0 76.1 % 175.2 51.8 238.2 % Net Income 37.0 18.9 95.8 % 126.3 16.1 684.5 % Diluted net income per common share $ 0.43 $ 0.22 95.5 % $ 1.49 $ 0.19 684.2 %

View on SEC.gov

Browse all earnings releases →

HEXCEL CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000950170-23-001177

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.