earnings
confidence high
sentiment positive
materiality 0.62
Hexcel Q3 2026 sales $496.4M (+8.8%), adjusted EPS $0.50 vs $0.37; guidance unchanged, buyback raised to $750M
HEXCEL CORP /DE/
- Net sales $496.4M vs $456.2M (+8.8%, +9.2% constant currency); GAAP diluted EPS $0.50 vs $0.26; adjusted diluted EPS $0.50 vs $0.37 (+35.1%).
- Commercial Aerospace sales $330.3M, up 20.5% YoY on growth across A350, 787, A320 and 737 MAX; segment is 67% of Q3 sales.
- Defense, Space & Other $166.1M, down 8.7% on the Austria divestiture, Leicester UK closure, and softness in F-35, an international fighter program, launchers and rocket motors.
- Board raised share repurchase authorization to $750M from $380.6M remaining; no shares were repurchased in Q3 2026.
- Declared $0.18/share dividend, record Nov 2, 2026, payable Nov 9; FY26 guidance unchanged: sales $2.025-$2.125B, adj EPS $2.30-$2.40, FCF >$195M.