Hexcel Corp. (HXL) Tops Q2 EPS by 2c, Raises Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Hexcel Reports 2023 Second Quarter Results
July 24, 2023 4:15 PM EDTQ2 2023 GAAP diluted EPS of $0.50 compared to Q2 2022 GAAP diluted EPS of $0.53. Q2 2023 adjusted diluted EPS of $0.50, compared to Q2 2022 adjusted diluted EPS of $0.33. Q2 2023 Sales were $454 million, an increase of 15.6% over Q2 2022 sales of $393 million (14.7% increase in constant currency). FY 2023 sales guidance revised to $1.765 billion to $1.835 billion, previously $1.725 billion to $1.825 billion. Adjusted EPS revised to $1.80 to $1.94, previously $1.70 to $1.90.
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... More
