Market Overview

Earnings Outlook For Hexcel

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Hexcel (NYSE: HXL) releases its next round of earnings this Monday, October 19. Here is Benzinga's essential guide to Hexcel's Q3 earnings report.

Earnings and Revenue

Wall Street analysts see Hexcel reporting earnings of $0.08 per share on revenue of $362.14 million. Hexcel reported a per-share profit of $0.9 when it published results during the same quarter last year. Sales in that period totaled $572.50 million. The analyst consensus estimate would represent a 91.11% decrease in the company's earnings. Sales would be down 36.74% on a year-over-year basis. Hexcel's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.20 0.70 0.84 0.88
EPS Actual 0.08 0.64 0.86 0.90
Revenue Estimate 371.11 M 556.45 M 592.52 M 599.42 M
Revenue Actual 378.70 M 541.00 M 564.30 M 572.50 M

Stock Performance

Shares of Hexcel were trading at $36.41 as of October 15. Over the last 52-week period, shares are down 50.98%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Hexcel is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2628397&sessionid=1&key=C48FE7D0EE4FBEDA3C3672B738FFB8BF&regTag=&sourcepage=register

 

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