Hexcel (HXL) reported Q4 adjusted earnings late Wednesday of $0.52 per diluted share, compared with $0.43 a year earlier.
Analysts polled by FactSet expected $0.50.
Net sales for the quarter ended Dec. 31 rose to $473.8 million from $457.5 million a year earlier.
Analysts polled by FactSet expected $472.9 million.
Looking to 2025, the aerospace components manufacturer is projecting adjusted EPS of $2.05 to $2.25 on net sales of between $1.95 billion and $2.05 billion. Analysts polled by FactSet are looking for $2.27 and $2.0 billion, respectively.
The company said its board raised its quarterly dividend by $0.02 to $0.17 per share, payable Feb. 14 to shareholders of record on Feb. 7.
Hexcel shares were nearly 6% lower in Wednesday's after-hours activity.
Price: 64.50, Change: -3.97, Percent Change: -5.80
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.