Hexcel Corp. (HXL) Reports In-Line Q4 EPS, Revenues Miss
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Hexcel Reports 2020 Fourth Quarter and Full Year Results
January 25, 2021 4:15 PM ESTQ4 2020 GAAP diluted EPS was ($0.23) with adjusted diluted EPS of ($0.18), compared to Q4 2019 GAAP diluted EPS and adjusted diluted EPS of $0.86. Q4 2020 Sales were $295.8 million, compared to $564.3 million in Q4 2019. FY 2020 GAAP diluted EPS was $0.38 vs FY 2019 at $3.57. FY 2020 adjusted diluted EPS was $0.25 vs FY 2019 at $3.54. FY 2020 Sales were $1,502 million, a decrease of 36% compared to FY 2019. Free Cash Flow of $214 million in FY 2020 with $104 million in the fourth quarter. Liquidity remains strong, at $875 million, with cash on hand of $103 million and an undrawn revolver balance... More
