Hexcel Corporation (HXL) Tops Q1 EPS by 2c, Reports Mixed FY EPS, Revenue Guidance

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Go back to Hexcel Corporation (HXL) Tops Q1 EPS by 2c, Reports Mixed FY EPS, Revenue Guidance

Hexcel Reports Record 2015 First Quarter Results and Raises FY2015 EPS Guidance

April 20, 2015 4:05 PM EDT

First quarter adjusted diluted EPS of $0.58 was 16% higher than prior year of $0.50. GAAP diluted EPS is $0.70, reflecting a $0.12 benefit from discrete tax benefits (Table C). Sales of $471.8 million were 2.2% higher than last year (6.1% in constant currency) driven by Commercial Aerospace (up 8.3% in constant currency). Operating income was $82.6 million, 17.5% of sales, as compared to $74.6 million, 16.2% of sales in 2014. FY2015 adjusted diluted EPS guidance now $2.33 to $2.43 (previously $2.26 to $2.38).

STAMFORD, Conn.--(BUSINESS WIRE)--

Regulatory News:

Hexcel Corporation (NYSE: HXL)(Paris: HXL):

            Quarter Ended

March 31,

  (In millions, except per share data)   2015   2014  ... More