Hexcel's (HXL) Q2 Earnings Increase Y/Y, Sales View Lowered

The Zacks Consensus Estimate for HXL's second-quarter earnings is pegged at 55 cents. Operational Update Commercial Aerospace: Net sales increased 21.3% year over year to $320.7 million, driven by widebody and narrowbody sales growth. As of Jun 30, 2024, Hexcel's cash and cash equivalents were $75.4 million compared with $227 million as of Dec 31, 2023. Guidance Zacks Rank AAR Corp. (AIR) reported fourth-quarter fiscal 2024 adjusted earnings of 88 cents per share, which surpassed the Zacks Consensus Estimat ...