Hexcel's (HXL) Q1 Earnings Match Estimates, Sales Miss
Hexcel(HXL) Zacks Investment Research·2024-04-23 15:10Hexcel Corporation (HXL) reported first-quarter 2024 adjusted earnings of 44 cents per share, which came in line with the Zacks Consensus Estimate.In the first quarter, Hexcel posted GAAP earnings of 43 cents per share compared to the prior-year quarter’s earnings of 50 cents.Total SalesIn the first quarter, the company’s net sales totaled $472.3 million, which missed the Zacks Consensus Estimate of $475 million by 0.6%. However, the top line witnessed an improvement of 3.2% from the year-ago quarter’s repo ...