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Hexcel Reiterates FY24 EPS Of $2.10-$2.30 Vs $2.22 Est.; Revenue $1.925B-$2.025B Vs $1.98B Est.

Author: Benzinga Newsdesk | April 22, 2024 04:16pm

2024 Guidance (unchanged)

  1. Sales of $1.925 billion to $2.025 billion
  2. Adjusted diluted earnings per share of $2.10 to $2.30
  3. Free cash flow of greater than $200 million
  4. Capital expenditures less than $100 million
  5. Effective tax rate of 22.0%

Market-Specific Sales Outlook (unchanged)

  • Commercial Aerospace: Up mid-teens
  • Space & Defense: Up mid-single digits
  • Industrial: Up low to mid-single digits


 

Posted In: HXL


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