Hexcel Corp. (HXL) Misses Q1 EPS by 3c, Revenue Comes in Light

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Go back to Hexcel Corp. (HXL) Misses Q1 EPS by 3c, Revenue Comes in Light

Hexcel Reports 2017 First Quarter Results

April 19, 2017 4:16 PM EDT

GAAP diluted EPS of $0.70, includes $0.10 of a discrete tax benefit. Adjusted diluted EPS of $0.60 exceeded the prior year of $0.59.    Sales of $478.8 million were 3.8% lower than last year (2.6% in constant currency).FY2017 adjusted diluted EPS guidance maintained: $2.64 to $2.76. FY2017 sales guidance lowered to $2.0 billion to $2.08 billion.

See Tables A & C for reconciliations to constant currency sales and Non-GAAP operating income and net... More