Analyst Research

Report Title Price
Provider: Pechala's Reports
Provider: Pechala's Reports
Provider: Reuters Investment Profile
Provider: Plunkett Research, Ltd.

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Hexcel Corp Issues FY 2013 Guidance In Line With Analysts' Estimates; Comments On Long Term Revenue Guidance; Authorizes Share Repurchase Program

Wednesday, 12 Dec 2012 05:53pm EST 

Hexcel Corp announced that for fiscal 2013, it expects revenue guidance is in the range of $1.64 billion to $1.74 billion and diluted earnings per share (EPS) in the $1.66 to $1.78 range. The Company also announced that its annual sales are expected to approach $2.5 billion by 2017 through organic growth alone. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $1.71 billion and EPS of $1.75 for fiscal 2013. The Company's Board of Directors has authorized the repurchase of up to $50 million of the Company's common stock. Under the program, the Company may purchase its common stock from time to time in the open market or in privately negotiated transactions. The repurchases will be funded from cash from operating activities and, if needed, the existing credit facilities. The amount and timing of the purchases will depend on a number of factors including the price and availability of shares of common stock, trading volume and general market conditions. The Company may also from time to time establish a trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934 to facilitate purchases under this authorization. 

Company Quote

0.26 +0.64%
11 Jul 2014