For the quarter ended March 2024, Hexcel (HXL) reported income of $472.3 million, up 3.2% over the identical interval final yr. EPS got here in at $0.44, in comparison with $0.50 within the year-ago quarter.
The reported income represents a shock of -0.56% over the Zacks Consensus Estimate of $474.94 million. With the consensus EPS estimate being $0.44, the corporate has not delivered EPS shock.
Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s value efficiency.
Right here is how Hexcel carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Web Gross sales- Industrial Aerospace- Composite Supplies: $251.50 million versus $258.88 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +3.4% change.
- Web Gross sales- Area & Protection- Composite Supplies: $94.70 million in comparison with the $89.40 million common estimate primarily based on three analysts. The reported quantity represents a change of +6.6% yr over yr.
- Web Gross sales- Industrial- Composite Supplies: $33.30 million versus $45.03 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -27.9% change.
- Web Gross sales- Industrial Aerospace- Engineered Merchandise: $47.80 million versus the three-analyst common estimate of $46.70 million. The reported quantity represents a year-over-year change of +15.7%.
- Web Gross sales- Area & Protection- Engineered Merchandise: $44.40 million in comparison with the $42.27 million common estimate primarily based on three analysts. The reported quantity represents a change of +18.7% yr over yr.
- Web sales- Engineered merchandise: $93.10 million in comparison with the $88.71 million common estimate primarily based on three analysts. The reported quantity represents a change of +17.1% yr over yr.
- Web Gross sales- Industrial Aerospace- Whole: $299.30 million versus the three-analyst common estimate of $298.32 million. The reported quantity represents a year-over-year change of +5.2%.
- Web Gross sales- Industrial: $33.90 million versus the three-analyst common estimate of $42.43 million. The reported quantity represents a year-over-year change of -27.9%.
- Web Gross sales- Area & Protection: $139.10 million versus the three-analyst common estimate of $132.05 million. The reported quantity represents a year-over-year change of +10.2%.
- Web sales- Composite Supplies: $402.80 million versus the three-analyst common estimate of $393.31 million. The reported quantity represents a year-over-year change of +6.5%.
- Web Gross sales- Industrial- Engineered Merchandise: $0.60 million versus the three-analyst common estimate of -$0.26 million. The reported quantity represents a year-over-year change of -25%.
- Working income- Composite Supplies: $63.70 million versus $42.16 million estimated by three analysts on common.
View all Key Company Metrics for Hexcel here>>>
Shares of Hexcel have returned -14.4% over the previous month versus the Zacks S&P 500 composite’s -4% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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