Hexcel Corp. (HXL) Tops Q1 EPS by 12c, Offers Guidance
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Hexcel Reports 2023 First Quarter Results
April 24, 2023 4:15 PM EDTQ1 2023 GAAP diluted EPS of $0.50 compared to Q1 2022 GAAP diluted EPS of $0.21. Q1 2023 adjusted diluted EPS of $0.50, compared to Q1 2022 adjusted diluted EPS of $0.22. Q1 2023 Sales were $458 million, an increase of 17.2% over Q1 2022 sales of $391 million (18.0% increase in constant currency). Full year 2023 guidance is reaffirmed.Â
See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings 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:... More
