Stock Track | Hexcel Surges 5% as Q3 Earnings Beat Estimates on Strong Aerospace Sales

Stock Track

Oct 22, 2024

Shares of Hexcel Corporation (HXL) soared over 5% on Monday after the company reported better-than-expected third quarter earnings, driven by robust sales growth in its key Commercial Aerospace segment.

The aerospace and industrial materials company posted adjusted earnings of $0.47 per share for the quarter ended September 30th, surpassing analysts' consensus estimate of $0.46. Revenue rose 8.8% year-over-year to $456.5 million, narrowly beating expectations of $456.2 million.

The strong quarterly performance was fueled by a 17.5% increase in Commercial Aerospace sales to $295.9 million. Hexcel cited higher sales from major programs like the Airbus A350, A320neo, and Boeing 787 as key drivers. This offset slight declines in the company's Space & Defense and Industrial segments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1164199356"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1164199356\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1164199356?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-22 21:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164199356","market":"us","top_or_hot":-1,"title":"Stock Track | Hexcel Surges 5% as Q3 Earnings Beat Estimates on Strong Aerospace Sales","media":"Stock Track","content":"<p>Shares of Hexcel Corporation (HXL) soared over 5% on Monday after the company reported better-than-expected third quarter earnings, driven by robust sales growth in its key Commercial Aerospace segment.</p>\n\n<p>The aerospace and industrial materials company posted adjusted earnings of $0.47 per share for the quarter ended September 30th, surpassing analysts' consensus estimate of $0.46. Revenue rose 8.8% year-over-year to $456.5 million, narrowly beating expectations of $456.2 million.</p>\n\n<p>The strong quarterly performance was fueled by a 17.5% increase in Commercial Aerospace sales to $295.9 million. Hexcel cited higher sales from major programs like the Airbus A350, A320neo, and Boeing 787 as key drivers. This offset slight declines in the company's Space & Defense and Industrial segments.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Hexcel Surges 5% as Q3 Earnings Beat Estimates on Strong Aerospace Sales</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Hexcel Surges 5% as Q3 Earnings Beat Estimates on Strong Aerospace Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-22 21:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Hexcel Corporation (HXL) soared over 5% on Monday after the company reported better-than-expected third quarter earnings, driven by robust sales growth in its key Commercial Aerospace segment.</p>\n\n<p>The aerospace and industrial materials company posted adjusted earnings of $0.47 per share for the quarter ended September 30th, surpassing analysts' consensus estimate of $0.46. Revenue rose 8.8% year-over-year to $456.5 million, narrowly beating expectations of $456.2 million.</p>\n\n<p>The strong quarterly performance was fueled by a 17.5% increase in Commercial Aerospace sales to $295.9 million. Hexcel cited higher sales from major programs like the Airbus A350, A320neo, and Boeing 787 as key drivers. This offset slight declines in the company's Space & Defense and Industrial segments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HXL","symbol_name":"赫氏","start_time":0,"source_url":"","article_id":"1164199356","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164199356","pubTimestamp":1729604220,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Hexcel Corporation  soared over 5% on Monday after the company reported better-than-expected third quarter earnings, driven by robust sales growth in its key Commercial Aerospace segment.The aerospace and industrial materials company posted adjusted earnings of $0.47 per share for the quarter ended September 30th, surpassing analysts' consensus estimate of $0.46. Revenue rose 8.8% year-over-year to $456.5 million, narrowly beating expectations of $456.2 million.The strong quarterly per","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HXL":"赫氏"},"translate_title":"由于航空航天销售强劲，第三季度盈利超出预期，赫氏股价飙升5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HXL":1},"content_text":"Shares of Hexcel Corporation (HXL) soared over 5% on Monday after the company reported better-than-expected third quarter earnings, driven by robust sales growth in its key Commercial Aerospace segment.\nThe aerospace and industrial materials company posted adjusted earnings of $0.47 per share for the quarter ended September 30th, surpassing analysts' consensus estimate of $0.46. Revenue rose 8.8% year-over-year to $456.5 million, narrowly beating expectations of $456.2 million.\nThe strong quarterly performance was fueled by a 17.5% increase in Commercial Aerospace sales to $295.9 million. Hexcel cited higher sales from major programs like the Airbus A350, A320neo, and Boeing 787 as key drivers. This offset slight declines in the company's Space & Defense and Industrial segments.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}