Hexcel Reports 2017 Fourth Quarter and Full Year Results
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=75598&p=irol-investors
Company Research
Source: GlobeNewswire
Q4 2017 GAAP diluted EPS was $0.96, including a $0.24 benefit from new tax law adjustments. Q4 2017 adjusted diluted EPS was $0.70, an increase of 9% above Q4 2016.Q4 2017 Sales were a record $512 million, an increase of 6% over fourth quarter 2016 (+4% in constant currency).FY 2017 Sales were $1,973 million, a decrease of 2% compared to FY 2016 (-2% in constant currency).FY 2017 GAAP diluted EPS was $3.09. FY 2017 adjusted diluted EPS was $2.68, an increase of 4% above FY 2016.FY 2017 free cash flow was a record $151 million.Reaffirming FY 2018 sales, free cash flow and capital expenditure guidance; updating adjusted diluted EPS expectations to reflect newly passed tax law. See Table C for reconciliation of GAAP and non-GAAP net income and earnings per share. Free cash flow is operating cash flow less cash paid for capital expenditures. Summary of Results from Operations Quarters Ended Years Ended December 31, December 31, (In millions, except per share data) 2017 2016 % C
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HXL
News
- Stay Ahead of the Game With Hexcel (HXL) Q1 Earnings: Wall Street's Insights on Key Metrics [Yahoo! Finance]Yahoo! Finance
- Hexcel Co. (NYSE: HXL) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $69.00 to $78.00. They now have a "neutral" rating on the stock.MarketBeat
- Hexcel Corporation: The Recent Downgrades Make Sense [Seeking Alpha]Seeking Alpha
- Boeing Knows What It Needs to Do—So Do It. Change the Culture. [Yahoo! Finance]Yahoo! Finance
- Automotive Composites Market to Reach $16.4 billion, Globally, by 2032 at 8.3% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
HXL
Earnings
- 1/24/24 - Miss
HXL
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form 8-K
- 4/8/24 - Form DEFA14A
- HXL's page on the SEC website