Hexcel Corp. (HXL) Tops Q1 EPS by 6c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
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Hexcel Reports 2019 First Quarter Results
April 23, 2019 4:15 PM EDTSTAMFORD, Conn.--(BUSINESS WIRE)-- Regulatory News:
Q1 2019 diluted EPS was $0.84 compared to Q1 2018 diluted EPS of $0.68, a 23.5% year-over-year increase. Q1 2019 Sales were $609.9 million, an increase of 12.9% over first quarter 2018 (14.9% increase in constant currency). Free Cash Flow* for Q1 2019 was negative $15.2 million compared to positive $3.1 million in Q1 2018. Full year 2019 guidance is reaffirmed.*Free cash flow is operating cash flow less cash paid for capital expenditures.
Summary of Results from Operations Quarters Ended March 31, (In millions, except per share data) 2019 2018 % Change... More