Aerospace and defense company Hexcel (NYSE:HXL) will be announcing earnings results tomorrow after the bell. Here’s what you need to know.

Hexcel beat analysts’ revenue expectations by 3% last quarter, reporting revenues of $500.4 million, up 10.1% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ operating margin estimates.

Is Hexcel a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Hexcel’s revenue to grow 10.2% year on year to $462.5 million, slowing from the 15% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.46 per share.

Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 5 downward revisions over the last 30 days (we track 15 analysts). Hexcel has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Hexcel’s peers in the aerospace and defense segment, only Byrna has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 194%. The stock was down 18.4% on the results.

Read our full analysis of Byrna’s earnings results here.

There has been positive sentiment among investors in the aerospace and defense segment, with share prices up 3.3% on average over the last month. Hexcel’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $69.94 (compared to the current share price of $62.72).

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