Hexcel Corp Stock Price, News & Analysis

Hexcel Corporation (NYSE: HXL) has declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be payable to shareholders of record as of November 4, 2022, with a payment date of November 14, 2022. As a leading provider of lightweight composite technology, Hexcel focuses on innovative material solutions for various sectors including aerospace, defense, and industrial applications.

Hexcel Corporation (NYSE: HXL) reported Q3 2022 GAAP diluted EPS of $0.31 and adjusted diluted EPS of $0.33, up from $0.11 and $0.13 in Q3 2021. Sales reached $365 million, a 9.3% increase year-over-year. FY 2022 adjusted diluted EPS guidance was revised to $1.12-$1.24, from $1.00-$1.24, while sales guidance was updated to $1.53-$1.60 billion. With strong demand in aerospace and defense, CEO Nick Stanage emphasized operational efficiency and flexibility in addressing challenges, forecasting a robust 2023 as supply chains recover.

Hexcel Corporation (NYSE: HXL) will report its third-quarter 2022 financial results on October 24 after the market closes. A webcast and conference call to discuss the results will occur on October 25 at 10 a.m. ET, featuring Chairman and CEO Nick Stanage and CFO Patrick Winterlich. Investors can access the call via the company's Investor Relations webpage or by dialing +1 (646) 960-0452 with conference ID 3428143.

Hexcel Corporation (NYSE: HXL) announced a quarterly cash dividend of $0.10 per share on its common stock. This dividend will be paid to shareholders of record as of August 5, 2022, with a payment date set for August 12, 2022. Hexcel, a leader in advanced lightweight composites technology, provides innovative material solutions for various sectors, including aerospace, space, defense, and industrial applications.

Hexcel Corporation (NYSE: HXL) reported strong Q2 2022 results, with net sales of $393 million, a 22.7% increase from Q2 2021's $320 million. The company achieved a GAAP diluted EPS of $0.53, significantly up from $0.03 last year. Adjusted diluted EPS rose to $0.33 from $0.08. Despite ongoing supply chain challenges, Hexcel remains optimistic about recovery in air travel and growth in commercial aerospace. Full year 2022 guidance remains unchanged, with anticipated sales between $1.50 billion and $1.63 billion.

Hexcel Corporation (NYSE: HXL) will announce its second quarter 2022 financial results on July 25 after market close. A conference call to discuss these results is scheduled for July 26 at 10 a.m. ET, hosted by Chairman and CEO Nick Stanage and CFO Patrick Winterlich. The event will be accessible via web streaming on the Investor Relations webpage and by phone at +1 (646) 960-0452, with conference ID 3428143.

Hexcel Corporation (NYSE: HXL) has declared a quarterly cash dividend of $0.10 per share on its common stock. This dividend is payable to stockholders of record as of May 6, 2022, with a payment date set for May 13, 2022. This announcement reflects Hexcel's ongoing commitment to returning value to its shareholders while continuing to lead in advanced lightweight composites technology, serving various sectors including aerospace and industrial applications.

Hexcel Corporation (NYSE: HXL) reported Q1 2022 financial results with net sales of $391 million, up 25.9% from $310 million in Q1 2021. Adjusted diluted EPS rose to $0.22 from ($0.10). Operating income improved to $30.1 million compared to a loss of ($10.2 million) a year earlier. Commercial Aerospace sales surged 48.3% to $218.9 million, driven by increased demand. The company reaffirmed its full-year guidance for 2022, targeting sales between $1.50 billion to $1.63 billion and adjusted EPS of $1.00 to $1.24.

Archer Aviation Inc. (NYSE: ACHR) and Hexcel (NYSE: HXL) have signed a letter of intent for a strategic partnership aimed at supplying high-performance carbon fiber and resin systems for Archer's electric aircraft production. The collaboration seeks to mitigate supply chain risks as Archer advances its all-electric aircraft project. Hexcel will provide lightweight composite materials that enhance safety and aerodynamics while adhering to FAA certification standards. This partnership represents an important step for Archer in sustainable air mobility.