Hexcel Reports 2019 Fourth Quarter and Full Year Results

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Hexcel Corp. (HXL) Tops Q4 EPS by 2c, Revenues Miss

February 3, 2020 4:12 PM EST

Hexcel Corp. (NYSE: HXL) reported Q4 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $564.3 million versus the consensus estimate of $591.91 million.

Q4 2019 GAAP diluted EPS was $0.86, an increase of 13% above Q4 2018 GAAP diluted EPS and an increase of 5% above Q4 2018 Adjusted diluted EPS of $0.82.Q4 2019 Sales were $564 million, compared to $561 million in the fourth quarter 2018.FY 2019 GAAP diluted EPS was $3.57 vs FY 2018 at $3.11. FY 2019 adjusted diluted EPS was $3.54, an increase of 16% above adjusted diluted EPS of $3.05 for FY 2018.FY 2019 Sales were $2,356 million,... More