Market Overview

Jefferies Lowers Hexcel EPS Estimates

Jefferies is lowering its Hexcel Corporation (NYSE: HXL) EPS estimates for 2011 and 2012 to $0.90 and $1.15 from $1.00 and $1.20, respectively.

“Our adjustment is attributable to the anticipated rephrasing of 787 production coupled with more moderate growth for other product lines,” Jefferies writes. “Our 2010 EPS estimate remains $0.75.”

Hexcel currently trades at $17.37.

Posted-In: Hexcel JefferiesAnalyst Ratings

 

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