Hexcel Corporation Raised FY23 Revenue From $1.725B-$1.825B To $1.765B-$1.835B Prior Vs $1.81B Est
Portfolio Pulse from Benzinga Newsdesk
Hexcel Corporation has increased its FY23 revenue forecast from $1.725B-$1.825B to $1.765B-$1.835B, compared to the previous estimate of $1.81B.
July 24, 2023 | 8:28 pm
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POSITIVE IMPACT
Hexcel Corporation's revised FY23 revenue forecast is likely to positively impact its stock price in the short term.
Hexcel Corporation's upward revision of its FY23 revenue forecast indicates a positive outlook for the company's financial performance. This is likely to be viewed favorably by investors, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100