Top Wall Street Forecasters Revamp Hexcel Price Expectations Ahead Of Q3 Earnings

Hexcel Corporation (NYSE:HXL) will release earnings results for its third quarter after the closing bell on Monday, Oct. 21.

Analysts expect the Stamford, Connecticut-based bank to report quarterly earnings at 46 cents per share, up from 38 cents per share in the year-ago period. Hexcel projects to report revenue of $456.9 million for the recent quarter, compared to $427.28 million a year earlier, according to data from Benzinga Pro.

On July 18, Hexcel missed second-quarter revenue estimates and lowered its FY24 outlook.

Hexcel shares gained 0.8% to close at $62.72 on Friday.

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