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Gear Up for Hexcel (HXL) Q3 Earnings: Wall Street Estimates for Key Metrics
HexcelHexcel(US:HXL) ZACKSยท2024-10-16 14:21

Core Insights - Hexcel (HXL) is expected to report quarterly earnings of $0.46 per share, reflecting a 21.1% increase year-over-year, with revenues forecasted at $456.18 million, an 8.7% increase from the previous year [1] - The consensus EPS estimate has been revised down by 5.1% over the last 30 days, indicating a reevaluation by analysts [1][2] Revenue Estimates - Analysts estimate 'Net Sales- Commercial Aerospace- Composite Materials' at $235.91 million, a year-over-year increase of 10.9% [4] - The forecast for 'Net Sales- Space & Defense- Composite Materials' is $92.79 million, indicating a 3.1% increase year-over-year [4] - 'Net Sales- Industrial- Composite Materials' is projected to reach $38.05 million, reflecting a 0.7% increase [4] Engineered Products Estimates - 'Net Sales- Commercial Aerospace- Engineered Products' is expected to be $42.22 million, a 7.7% increase from the prior year [5] - 'Net Sales- Space & Defense- Engineered Products' is projected at $42.50 million, indicating a 9.5% increase [5] - Total 'Net Sales- Engineered Products' is forecasted to be $86.00 million, reflecting an 8.6% increase year-over-year [5] Composite Materials and Total Sales - 'Net Sales- Composite Materials' is estimated at $366.79 million, a 2.8% increase year-over-year [6] - 'Net Sales- Space & Defense- Total' is projected to reach $135.19 million, indicating a 5% increase [6] - 'Net Sales- Industrial- Total' is expected to be $39.58 million, reflecting a 2% increase [6] Operating Income Estimates - 'Operating income- Composite Materials' is expected to reach $61.04 million, up from $43.70 million year-over-year [7] - 'Operating income- Engineered Products' is projected at $11.43 million, compared to $6.20 million from the previous year [8] Stock Performance - Hexcel shares have remained unchanged over the past month, contrasting with the Zacks S&P 500 composite's 3.5% increase [8] - The company holds a Zacks Rank 4 (Sell), indicating expected underperformance relative to the overall market in the near term [8]