Hexcel Corporation (HXL) reported first-quarter 2025 adjusted earnings of 37 cents per share, which declined 15.9% from the year-ago quarter's figure of 44 cents. The bottom line also lagged the Zacks Consensus Estimate of 43 cents by 14%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) The company reported GAAP earnings of 35 cents per share, which declined 18.6% from the year-ago quarter's figure of 43 cents. The year-over-year bottom-line decline can be attributed to lower net s ...

For the quarter ended March 2025, Hexcel (HXL) reported revenue of $456.5 million, down 3.4% over the same period last year. EPS came in at $0.37, compared to $0.44 in the year-ago quarter.The reported revenue represents a surprise of -3.80% over the Zacks Consensus Estimate of $474.54 million. With the consensus EPS estimate being $0.43, the EPS surprise was -13.95%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

分组1 - Hexcel reported quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.43 per share, and down from $0.44 per share a year ago, representing an earnings surprise of -13.95% [1] - The company posted revenues of $456.5 million for the quarter, missing the Zacks Consensus Estimate by 3.80%, and down from $472.3 million year-over-year [2] - Hexcel shares have declined approximately 16.9% since the beginning of the year, compared to a decline of -10.2% for the S&P 500 [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.55 on revenues of $493.51 million, and for the current fiscal year, it is $2.10 on revenues of $1.97 billion [7] - The Zacks Industry Rank for Aerospace - Defense Equipment is in the top 9% of over 250 Zacks industries, indicating strong performance potential [8] 分组3 - The estimate revisions trend for Hexcel is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Performance - Consolidated net sales for Q1 2025 were $456.5 million, a decrease of 3.3% from $472.3 million in Q1 2024[80] - Operating income for Q1 2025 was $44.2 million, down 16.4% from $52.9 million in Q1 2024, with an operating margin of 9.7% compared to 11.2%[94] - Net income for Q1 2025 was $28.9 million, a decline of 20.8% from $36.5 million in Q1 2024, with diluted net income per share at $0.4[80] - GAAP operating income for Q1 2025 was $44.2 million, down from $52.9 million in Q1 2024, representing a decrease of approximately 16.5%[113] - Adjusted net income (non-GAAP) for Q1 2025 was $30.1 million, compared to $37.4 million in Q1 2024, reflecting a decline of about 19.5%[113] - Free cash flow (non-GAAP) for Q1 2025 was $(54.6) million, compared to $(35.7) million in Q1 2024, indicating a worsening cash flow situation[115] Sales Performance - Commercial Aerospace sales decreased by 6.4% to $280.1 million in Q1 2025, primarily due to production delays and lower Boeing 787 and MAX sales[87] - Defense, Space & Other sales increased by 2.0% to $176.4 million in Q1 2025, driven by growth in the Defense & Space market[88] Expenses and Costs - Gross margin for Q1 2025 was $102.4 million, representing 22.4% of sales, down from 25.0% in Q1 2024[90] - SG&A expenses decreased by 11.6% to $43.3 million in Q1 2025, primarily due to lower employee-related expenses[92] - Interest expense increased by 20.0% to $7.8 million in Q1 2025, attributed to higher average borrowings and interest rates[96] Cash and Debt - Cash on hand as of March 31, 2025, was $89.2 million, down from $125.4 million at December 31, 2024, while total debt rose to $787.2 million[99] - The company has a remaining authorization under the Share Repurchase Program of $184.5 million as of March 31, 2025[103] Future Outlook - The company anticipates future revenue growth based on aircraft production rates from major clients like Airbus and Boeing[117] - Expectations regarding raw material costs and availability may impact future revenues, particularly due to tariffs and other restrictions[117] - The company is focused on improving margins and maintaining cash generation amid macroeconomic uncertainties[118] - Strategic initiatives include sustainability goals and potential restructuring activities to align with market demands[119] Risks and Challenges - The company faces risks related to supply chain disruptions, labor availability, and geopolitical factors that could affect operational performance[119] - There have been no material changes in market risk since the last annual report, indicating stability in this area[121] Other Notable Items - The quarter ended March 31, 2025 included a loss of $1.1 million related to the divestiture of the Hartford business, while Q1 2024 included restructuring costs[113]

Hexcel Corporation Two Stamford Plaza | 281 Tresser Blvd., 16 Floor Stamford, CT 06901 USA www.hexcel.com th HEXCEL REPORTS 2025 FIRST QUARTER RESULTS 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. | Summary of Results from Operations | | | | | | | --- | --- | --- | --- | --- | --- | | | | Quarters Ended March 31, | | | | | (In millions, except pe ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In January, I upgraded Hexcel (NYSE: HXL ) stock from hold to buy. The stock price has declined in response to the earnings release and the subsequent turmoil on the financial markets. In this report, I will discuss the reasons for the stock priceD ...

In its upcoming report, Hexcel (HXL) is predicted by Wall Street analysts to post quarterly earnings of $0.43 per share, reflecting a decline of 2.3% compared to the same period last year. Revenues are forecasted to be $475.86 million, representing a year-over-year increase of 0.8%.The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial esti ...

Hexcel Corporation ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 ☐ Transition Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 FORM 10-K For the transition period from to Commission File Number 1-8472 (Exact name of registrant as specified in its charter) Delaware 94-1109521 (State or Other Jurisdiction of Incorporation ...

Earnings Performance - Adjusted earnings per share for Q4 2024 were 52 cents, a 20.9% increase from 43 cents in the year-ago quarter [1] - GAAP earnings per share were 7 cents, compared to a loss of 21 cents in the year-ago quarter [2] - Full-year 2024 adjusted earnings per share were $2.03, up from $1.81 in 2023 [2] Sales Performance - Q4 2024 net sales totaled $473.8 million, beating the consensus estimate of $471 million by 0.6% and representing a 3.6% year-over-year increase from $457.5 million [3] - Full-year 2024 sales reached $1.90 billion, up from $1.79 billion in 2023 [3] Operational Metrics - Gross margin improved by 250 basis points to 25% in Q4 2024 [4] - SG&A expenses increased 14.3% year-over-year to $47.9 million [4] - Research and technology expenses rose 11.6% year-over-year to $13.5 million [4] Market Segment Performance - Commercial Aerospace sales grew 4% year-over-year to $278.3 million, contributing 58.7% of total revenues [5] - Space and Defense sales increased 7.2% year-over-year to $163.3 million, contributing 34.5% of total revenues [5] - Industrial sales declined 14.6% year-over-year to $32.2 million, contributing 6.8% of total revenues [6] Financial Position - Cash and cash equivalents decreased to $125.4 million as of Dec 31, 2024, from $227 million a year earlier [7] - Long-term debt increased slightly to $700.6 million from $699.4 million [7] - Operating cash flow improved to $289.9 million from $257.1 million [7] - Adjusted free cash flow increased to $202.9 million from $148.9 million [7] Future Guidance - 2025 sales guidance is projected between $1.95-$2.05 billion, with consensus estimate at $2 billion [8] - Adjusted earnings per share guidance for 2025 is $2.05-$2.25, below the consensus estimate of $2.34 [8] - Free cash flow is expected to exceed $220 million in 2025 [9] - Capital expenditure is projected to be less than $100 million in 2025 [9] Industry Updates - Teledyne Technologies reported Q4 2024 adjusted earnings of $5.52 per share, beating estimates by 5.5%, with sales of $1.50 billion exceeding estimates by 3.7% [11] - Textron reported Q4 2024 adjusted earnings of $1.34 per share, beating estimates by 7.2%, despite revenues of $3.61 billion missing estimates by 3.5% [12] - Leidos Holdings is set to report Q4 2024 earnings on Feb 11, 2025, with consensus estimates of $2.18 per share and $4.12 billion in sales, indicating 3.6% year-over-year growth [13]

Financial Data and Key Metrics - The company did not provide specific financial data or key metrics in the provided content [1][2][3][4] Business Line Data and Key Metrics - No specific data or metrics related to individual business lines were mentioned in the provided content [1][2][3][4] Market Data and Key Metrics - No specific market data or key metrics were discussed in the provided content [1][2][3][4] Company Strategy and Industry Competition - The company did not discuss its strategy, development direction, or industry competition in the provided content [1][2][3][4] Management Commentary on Operating Environment and Future Outlook - The company did not provide any commentary on the operating environment or future outlook in the provided content [1][2][3][4] Other Important Information - The company reminded participants about the safe harbor provisions related to forward-looking statements, which involve estimates, assumptions, judgments, and uncertainties that could cause future results to differ materially from current expectations [3] - A replay of the call will be available on the Investor Relations page of the company's website [4] Q&A Session Summary - No Q&A session content was provided in the documents [1][2][3][4]