Hexcel Reports 2020 First Quarter Results

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Go back to Hexcel Reports 2020 First Quarter Results

Hexcel Corp. (HXL) Misses Q1 EPS by 6c

April 20, 2020 4:17 PM EDT

Hexcel Corp. (NYSE: HXL) reported Q1 EPS of $0.64, $0.06 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $541 million versus the consensus estimate of $556.45 million.

Cash, 2020 Guidance Update and other

The effective tax rate for the first quarter of 2020 was 21.9% compared to 22.7% in the first quarter of 2019. Both periods benefited from... More