Hexcel Corp
HXL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Qqk | LOCK|%Y?l@ | LOCK|T?#<ZnS |
Hexcel Earnings: Prepared for More Defense Projects and Margin Expansion; Fair Value Estimate Up 11%
Hexcel reported first-quarter revenue of $502 million, up 9.9% compared with the year-ago quarter, with operating profit of $57.6 million, up 30% from the year-ago quarter. Aerospace production rates are finally ramping up, and although space-related revenue remains lumpy, defense volumes increased.
