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

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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)--

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

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March 31,

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