Hexcel Corp. (HXL) Tops Q4 EPS by 1c

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Go back to Hexcel Corp. (HXL) Tops Q4 EPS by 1c

Hexcel Reports Strong Fourth Quarter And Another Record Year

January 25, 2017 4:15 PM EST

Q4 diluted EPS of $0.64 was 14.3% higher than prior year of $0.56. Q4 sales of $483.5 million were up 4.0% (4.6% in constant currency). FY2016 diluted EPS of $2.65 was 8.6% higher than prior year of $2.44.   Adjusted diluted EPS of $2.58 was 11.2% higher than prior year of $2.32. FY2016 sales of $2.0 billion were 7.7% higher than FY2015 (7.9% in constant currency) driven by 11.1% increase in commercial aerospace sales. FY2016 free cash flow of $73.5 million exceeded initial guidance of $20-$60 million.

See Table C for reconciliation of... More