Hexel Withdraws Mid-Term Guidance For 2024-2026, Plans To Issue 2025 Guidance With Q4 Earnings In January
Portfolio Pulse from Benzinga Newsdesk
Hexel has withdrawn its mid-term guidance for 2024-2026 and plans to issue new guidance for 2025 with its Q4 earnings report in January.
October 21, 2024 | 8:20 pm
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Hexel has withdrawn its mid-term guidance for 2024-2026, indicating potential uncertainty in its future performance. The company plans to provide new guidance for 2025 with its Q4 earnings report in January.
The withdrawal of guidance suggests uncertainty in Hexel's future performance, which could negatively impact investor confidence and the stock price in the short term. The announcement of new guidance in January may provide more clarity.
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