Hexcel Corp. (HXL) Tops Q1 EPS by 4c

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Hexcel Reports 2022 First Quarter Results

April 25, 2022 4:20 PM EDT

Q1 2022 GAAP diluted EPS of $0.21 and adjusted diluted EPS of $0.22, compared to Q1 2021 GAAP diluted EPS of ($0.17) and adjusted diluted EPS of ($0.10). Q1 2022 Sales were $391 million, compared to $310 million in Q1 2021. Full year 2022 guidance is reaffirmed.

See Table C for reconciliation of GAAP and non-GAAP operating income (loss), net income (loss), earnings (loss) per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures.

STAMFORD, Conn.--(BUSINESS WIRE)-- Hexcel Corporation (NYSE: HXL):

Summary of Results from... More