Hexcel Earnings Preview
Portfolio Pulse from Benzinga Insights
Hexcel (NYSE:HXL) is set to release its quarterly earnings on October 21, 2024, with analysts estimating an EPS of $0.47. Investors are keen on not just an earnings beat but also positive future guidance. Historically, Hexcel's stock price has shown varied reactions to earnings results. The company has a Neutral consensus rating with a potential 7.63% upside based on a $67 price target. Hexcel's financials show strong gross profit but challenges in return on equity.
October 18, 2024 | 6:20 pm
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NEUTRAL IMPACT
Hexcel is expected to report an EPS of $0.47. Investors are looking for an earnings beat and positive guidance. The stock has a Neutral rating with a $67 price target, indicating a potential 7.63% upside.
Hexcel's upcoming earnings report is crucial as investors are not only looking for an EPS beat but also positive guidance. The stock's historical performance shows mixed reactions to earnings results, and the current Neutral rating with a potential upside suggests moderate investor expectations. The importance is high due to the potential impact of guidance on stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100