Hexcel Corp. (HXL) Tops Q1 EPS by 2c, Maintains FY Guidance
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Hexcel Reports Strong 2016 First Quarter Results
April 20, 2016 4:15 PM EDTFirst quarter adjusted diluted EPS of $0.59 tops the prior year of $0.58. Sales of $497.7 million were 5.5% higher than last year (5.1% in constant currency) driven by Commercial Aerospace (up 8.5% in constant currency). 10% increase in quarterly dividend from $0.10/share to $0.11/share. FY2016 guidance maintained: adjusted diluted EPS of $2.44 to $2.56.
See Tables A & C for reconciliations to constant currency sales and Non-GAAP operating income and net income.
STAMFORD, Conn.--(BUSINESS WIRE)--
Regulatory News:
      Quarter EndedMarch 31,
 (In millions, except per share data)   2016   2015  % Change  Net Sales... More