Hexcel (HXL) Guides FY13 In-Line With Views, Announces $50M Stock Buyback
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Price: $93.86 -0.27%
Financial Fact:
Provision for income taxes: 16.1M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Provision for income taxes: 16.1M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Hexcel Corp. (NYSE: HXL) sees 2013 adj. diluted EPS of $1.66 - $1.78 on sales of $1.64 - $1.74 billion. This compares to the consensus of $1.75 and $1.71 billion, respectively.
Hexcel said annual sales are expected to approach $2.5 billion by 2017 through organic growth alone and expects adjusted diluted EPS growth to average in the “teens” over the period.
Hexcel also announced that its Board of Directors has authorized the repurchase of up to $50 million of the Company's common stock.
Hexcel said annual sales are expected to approach $2.5 billion by 2017 through organic growth alone and expects adjusted diluted EPS growth to average in the “teens” over the period.
Hexcel also announced that its Board of Directors has authorized the repurchase of up to $50 million of the Company's common stock.
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