secwatch.observer — SEC 8-K summary
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Issuer:     HEXCEL CORP /DE/ (HXL)
CIK:        0000717605
Form:       8-K
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0000950170-24-046437
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hexcel Q1 adjusted EPS $0.44 vs $0.50 YoY; sales up 3.2% to $472M
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- GAAP diluted EPS $0.43 (down 14% YoY); adjusted diluted EPS $0.44 (down 12%).
- Sales $472.3M (+3.2% YoY); Commercial Aerospace +5.2%, Space & Defense +10.2%, Industrial -27.9%.
- Free cash flow -$35.7M (prior year -$41.5M); capex $28.7M.
- Returned $113M to shareholders via $100.7M share repurchases and dividends.
- FY 2024 guidance reaffirmed: sales $1.925-$2.025B, adjusted EPS $2.10-$2.30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717605/000095017024046437/0000950170-24-046437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717605/000095017024046437/hxl-20240422.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-046437

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer