Hexcel Corp. (HXL) Reports In-Line Q4 EPS, Updates Guidance

Hexcel Corp. (NYSE: HXL) reported Q4 EPS of $0.70, in-line with the analyst estimate of $0.70. Revenue for the quarter came in at $512 million versus the consensus estimate of $505.59 million.

2018 Guidance

• Sales of $2.10 billion to $2.20 billion (unchanged)
• Adjusted diluted earnings per share of $2.96 to $3.10 – based on an effective tax rate (ETR) of 25%. (Previously $2.80 - $2.94 based on an ETR of 29%.)
• Free cash flow greater than $230 million (unchanged)
• Accrual basis capital expenditures of $170 million to $190 million (unchanged)

For earnings history and earnings-related data on Hexcel Corp. (HXL) click here.

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