Hexcel Corp. (HXL) Tops Q3 EPS by 3c; Adjusts Outlook

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Go back to Hexcel Corp. (HXL) Tops Q3 EPS by 3c; Adjusts Outlook

Hexcel Reports 2017 Third Quarter Results

October 18, 2017 4:21 PM EDT

GAAP diluted EPS was $0.76, including $0.05 of discrete tax benefits. Adjusted diluted EPS of $0.71 was 9.2% higher than prior year adjusted diluted EPS of $0.65. Sales of $491.5 million were 1.8% lower than last year (2.4% in constant currency).FY2017 adjusted diluted EPS guidance range narrowed to between $2.64 and $2.72 (previously $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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