Hexcel's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Hexcel (NYSE:HXL) is set to release its latest quarterly earnings report on Monday, 2023-10-23, with analysts estimating an earnings per share (EPS) of $0.43. Last quarter, Hexcel beat EPS estimates by $0.02, but this was followed by a 5.44% drop in the share price. Over the last 52-week period, Hexcel shares are up 11.2%.
October 20, 2023 | 3:00 pm
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Hexcel is expected to report an EPS of $0.43 in its upcoming earnings report. Despite beating EPS estimates last quarter, the share price dropped by 5.44%. Over the past year, the stock has risen by 11.2%.
Hexcel's upcoming earnings report is highly relevant to its stock price. Last quarter, despite beating EPS estimates, the stock price dropped, indicating that other factors may be influencing the stock's performance. Over the past year, the stock has performed well, with an 11.2% increase, suggesting a generally positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100