{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-034075","form_type":"8-K","ticker":"HXL","cik":"0000717605","company_name":"HEXCEL CORP /DE/","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.484417+00:00","generated_at":"2026-06-13T04:35:27.997028+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hexcel Q2 sales $454.3M (+15.6% YoY); adj EPS $0.50; FY guidance raised","bullets":["Q2 2023 sales $454.3M (+15.6% YoY); GAAP EPS $0.50 vs $0.53; adjusted EPS $0.50 vs $0.33.","Commercial Aerospace sales +16.1%; Space & Defense +22.9%; Industrial -1.9%.","FY 2023 guidance raised: sales $1.765B-$1.835B, adj EPS $1.80-$1.94 (prev. $1.70-$1.90).","Free cash flow guidance lowered to >$110M (prev. >$140M) due to $38M Massachusetts facility purchase.","Board declared quarterly dividend of $0.125/share, payable Aug 11, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-034075","json":"https://secwatch.observer/filing/0000950170-23-034075.json","markdown":"https://secwatch.observer/filing/0000950170-23-034075.md","text":"https://secwatch.observer/filing/0000950170-23-034075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717605/000095017023034075/0000950170-23-034075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717605/000095017023034075/hxl-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:35:27.997028+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4d4ded5cc792712542cc31f6745020fc9549dcfe","claim":"HEXCEL CORP /DE/ reported fiscal quarter ended June 30, 2023 results: revenue $ 454.3, net income 42.5, EPS $ 0.50. Guidance raised.","evidence_excerpt":"Summary of Results from Operations Quarters Ended Six Months Ended June 30, June 30, (In millions, except per share data) 2023 2022 % Change 2023 2022 % Change Net Sales $ 454.3 $ 393.0 15.6 % $ 912.0 $ 783.6 16.4 % Net sales change in constant currency 14.7 % 16.4 % Operating Income 61.3 63.8 (3.9)% 124.1 93.9 32.2 % Net Income 42.5 44.7 (4.9)% 85.2 62.5 36.3 % Diluted net income per common share $ 0.50 $ 0.53 (5.7)% $ 1.00 $ 0.74 35.9 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717605/000095017023034075/0000950170-23-034075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal quarter ended June 30, 2023"},{"label":"Revenue","value":"$ 454.3"},{"label":"Net income","value":"42.5"},{"label":"EPS","value":"$ 0.50"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5c1c7f7bdaea1ff97c844803c36a861f581c6487","claim":"HEXCEL CORP /DE/ reported fiscal year 2023 results: revenue $1.765 billion to $1.835 billion, EPS $1.80 to $1.94. Guidance raised.","evidence_excerpt":"FY 2023 sales guidance revised to $1.765 billion to $1.835 billion, previously $1.725 billion to $1.825 billion. Adjusted EPS revised to $1.80 to $1.94, previously $1.70 to $1.90.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717605/000095017023034075/0000950170-23-034075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Revenue","value":"$1.765 billion to $1.835 billion"},{"label":"EPS","value":"$1.80 to $1.94"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"8c85910981f268a9ccb3a101c1ee8c6ed02a67f6","claim":"HEXCEL CORP /DE/ reported six months ended June 30, 2023 results: revenue $ 912.0, net income 85.2, EPS $ 1.00.","evidence_excerpt":"Summary of Results from Operations Quarters Ended Six Months Ended June 30, June 30, (In millions, except per share data) 2023 2022 % Change 2023 2022 % Change Net Sales $ 454.3 $ 393.0 15.6 % $ 912.0 $ 783.6 16.4 % Net sales change in constant currency 14.7 % 16.4 % Operating Income 61.3 63.8 (3.9)% 124.1 93.9 32.2 % Net Income 42.5 44.7 (4.9)% 85.2 62.5 36.3 % Diluted net income per common share $ 0.50 $ 0.53 (5.7)% $ 1.00 $ 0.74 35.9 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717605/000095017023034075/0000950170-23-034075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$ 912.0"},{"label":"Net income","value":"85.2"},{"label":"EPS","value":"$ 1.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}