Hexcel Sees 2024 Sales $1.90B-$1.98B Vs $1.924B Est.; Adj EPS $2.02-$2.18 Per Share Vs $2.05 Est.
Portfolio Pulse from Benzinga Newsdesk
Hexcel Corporation has provided its 2024 financial guidance, projecting sales between $1.90 billion and $1.98 billion, compared to the estimated $1.924 billion. The adjusted EPS is expected to be between $2.02 and $2.18 per share, against the estimated $2.05.
October 21, 2024 | 8:18 pm
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Hexcel's 2024 guidance shows a positive outlook with sales and EPS projections slightly above estimates, indicating potential growth.
Hexcel's sales and EPS projections for 2024 are slightly above market estimates, suggesting a positive outlook and potential growth. This could lead to a short-term increase in stock price as investors react to the optimistic guidance.
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