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Sep 30, 2021
Hexcel Q3 2021 Earnings Report
Hexcel reported steady growth in sales and earnings, supported by operational excellence and cost control.
Key Takeaways
Hexcel Corporation reported Q3 2021 results with net sales of $334 million and adjusted diluted EPS of $0.13. The company is seeing continued growth in sales and earnings, with supply chain destocking largely behind them. They are focused on managing raw material availability and remain vigilant about cost inflation.
Q3 2021 GAAP diluted EPS was $0.11, and adjusted diluted EPS was $0.13.
Q3 2021 Sales were $334 million, compared to $287 million in Q3 2020.
Commercial Aerospace sales increased 29.8% due to strengthening narrowbody sales.
Total Industrial sales increased 14.0%, supported by automotive and recreation markets.
Revenue by Geographic Location
Forward Guidance
The Company continues to withhold financial guidance due to continuing market uncertainties arising from the global pandemic.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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