Hexcel Corp. (HXL) Misses Q2 EPS by 2c; Maintains Outlook

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Hexcel Reports 2017 Second Quarter Results

July 24, 2017 4:17 PM EDT

Diluted EPS of $0.67 compared to prior year diluted EPS of $0.70.  Sales of $491.3 million were 6.0% lower than last year (5.4% in constant currency).13.6% increase in quarterly dividend from $0.11 per share to $0.125 per share.FY2017 adjusted diluted EPS guidance range unchanged at $2.64 to $2.76.                          FY2017 free cash flow on track to exceed $100 million.

See Table C for reconciliation of GAAP and non-GAAP operating income, net income and earnings per share

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