Hexcel Q3 sales up 15% to $420M; adj. EPS $0.38, up 15% YoY; FY guidance reaffirmed

HEXCEL CORP /DE/

Q3 net sales $419.5M (+15% YoY; +13.2% constant currency).
GAAP diluted EPS $0.45 (vs $0.31); adjusted diluted EPS $0.38 (vs $0.33).
Commercial Aerospace sales +20.5%; Space & Defense +18.6%; Industrial -17.4%.
FY 2023 guidance: sales $1.765-$1.835B, adj. EPS $1.80-$1.94, FCF >$110M.
Board declared $0.125 dividend (payable Nov 13); $30M share repurchase in Q3.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HEXCEL CORP /DE/ reported third quarter 2023 results: revenue $419.5 million, net income $38.7 million, EPS $0.45. Guidance reaffirmed.

Period: third quarter 2023
Revenue: $419.5 million
Net income: $38.7 million
EPS: $0.45
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Corporation Two Stamford Plaza| 281 Tresser Blvd., 16 th Floor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2023 THIRD QUARTER RESULTS • Q3 2023 Sales were $420 million, an increase of 15.0% over Q3 2022 sales of $365 million (13.2% increase in constant currency). • Q3 2023 GAAP diluted EPS of $0.45 compared to Q3 2022 GAAP diluted EPS of $0.31.

View on SEC.gov

Browse all earnings releases →

HEXCEL CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000950170-23-054630

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.