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]

Hexcel Corporation (NYSE:HXL) Q4 2024 Earnings Conference Call January 23, 2025 10:00 AM ET Company Participants Patrick Winterlich – Chief Financial Officer Tom Gentile – Chairman, President and Chief Executive Officer Conference Call Participants Ken Herbert – RBC Capital Markets Matt Akers – Wells Fargo Sheila Kahyaoglu – Jefferies Pete Skibitski – Alembic Global Advisors John McNulty – BMO Capital Markets Myles Walton – Wolfe Research Gavin Parsons – UBS Michael Ciarmoli – Truist Securities Scott Deusc ...

Investor Briefing January 2025 Risks, Uncertainties and Other Factors with Respect to Forward-Looking Statements Disclaimer Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute "forward-looking statements" and accordingly, involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual re ...

Financial Performance - Revenue for Q4 2024 was $473.8 million, up 3.6% YoY [1] - EPS was $0.52, compared to $0.43 in the year-ago quarter [1] - Revenue beat Zacks Consensus Estimate by 0.61% ($470.93 million) [1] - EPS beat consensus estimate by 1.96% ($0.51) [1] Stock Performance - Shares returned +9% over the past month, outperforming Zacks S&P 500 composite's +2.1% change [3] - Current Zacks Rank is 3 (Hold), indicating potential to perform in line with broader market [3] Segment Performance Commercial Aerospace - Composite Materials sales: $233.80 million, +2.6% YoY, missed estimate by 2.3% ($239.32 million) [4] - Engineered Products sales: $44.50 million, +12.1% YoY, beat estimate by 9.5% ($40.65 million) [4] - Total sales: $278.30 million, +4% YoY, beat estimate by 1.8% ($273.36 million) [4] Space & Defense - Composite Materials sales: $110.20 million, -2% YoY, missed estimate by 8% ($119.80 million) [4] - Engineered Products sales: $53.10 million, +33.4% YoY, beat estimate by 15% ($46.16 million) [4] - Total sales: $163.30 million, +7.2% YoY, beat estimate by 1.8% ($160.49 million) [4] Industrial - Composite Materials sales: $31.30 million, -14.7% YoY, missed estimate by 11.4% ($35.33 million) [4] - Engineered Products sales: $0.90 million, +200% YoY, beat estimate by 2.3% ($0.88 million) [4] - Total sales: $32.20 million, -14.6% YoY, missed estimate by 8.1% ($35.04 million) [4] Product Category Performance - Composite Materials total sales: $395.50 million, +0.5% YoY, beat estimate by 0.3% ($394.45 million) [4] - Engineered Products total sales: $98.70 million, +21.6% YoY, beat estimate by 12.6% ($87.65 million) [4] Operating Performance - Composite Materials operating income: $20.70 million, significantly below estimate of $61.66 million [4]

Hexcel (HXL) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.96%. A quarter ago, it was expected that this maker of lightweight composite materials would post earnings of $0.46 per share when it actually produced earnings of $0.47, delivering a surprise of 2.17%.Over the last four q ...

Hexcel Corporation Two Stamford Plaza| 281 Tresser Blvd., 16 Floor Stamford, CT 06901 USA www.hexcel.com th Exhibit 99.1 HEXCEL REPORTS 2024 FOURTH QUARTER AND FULL YEAR RESULTS Sales - $1.95 billion to $2.05 billion; Adj EPS - $2.05 to $2.25; FCF - >$220 million 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. "Hexcel met its latest 2024 guidance, ...

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.I covered Hexcel (NYSE: HXL ) in July 2024 and assigned a hold rating to Hexcel stock based on a set of challenges that affect the upside for the company. Since then, the stock has gained 6.2% while the S&PDhierin runs the investing group The Aeros ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Hexcel (HXL) . This company, which is in the Zacks Aerospace - Defense Equipment industry, shows potential for another earnings beat.This maker of lightweight composite materials has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise ...

In its upcoming report, Hexcel (HXL) is predicted by Wall Street analysts to post quarterly earnings of $0.51 per share, reflecting an increase of 18.6% compared to the same period last year. Revenues are forecasted to be $475.43 million, representing a year-over-year increase of 3.9%.The current level reflects a downward revision of 11.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pro ...

The market expects Hexcel (HXL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 22, 2025, might help the stock move higher if these key numbers are be ...