earnings
confidence high
sentiment positive
materiality 0.75
Hexcel Q2 EPS $0.64 vs $0.17; raises FY2026 sales and EPS guidance
HEXCEL CORP /DE/
- Q2 GAAP diluted EPS $0.64 (up 276% YoY); adjusted EPS $0.66 vs $0.50; sales $529M (+8.0%).
- Commercial Aerospace sales $346.6M (+18.3% YoY) led by A350 and 787 widebodies.
- FY2026 guidance raised: sales $2.025B-$2.125B (prev $2.0-$2.1B); adj. EPS $2.30-$2.40 (prev $2.10-$2.30).
- Issued $400M 4.9% notes due 2031 to redeem $400M 3.95% notes due 2027; dividend $0.18/share.
- H1 free cash flow $51.8M vs -$46.6M; gross margin improved to 26.1% from 22.8%.