Hexcel Raises 2026 Guidance on Strong Commercial Aerospace Sales

Earnings
โดย GuruFocus·Read original
Summary · why it matters

Hexcel Corp reported second-quarter 2026 sales of $529 million, an 8% increase year-over-year, and raised its full-year guidance. The company now expects 2026 sales between $2.025 billion and $2.125 billion and adjusted earnings per share of $2.30 to $2.40, citing strength in programs like the A350 and 737 Max. Adjusted operating margins improved to 13.9% from 11.1% a year ago, and Hexcel sees a path to 18% margins by the end of the decade, supported by $500 million in incremental commercial sales and $200 million in defense and space sales. Defense and space sales fell 7% in the quarter due to portfolio pruning, and foreign exchange headwinds reduced margins by about 90 basis points. The company also noted second-half margin pressure from seasonal slowdowns, hiring, and costs to restart an idle carbon fiber line.

Impact on stocks 2

Aerospace & Aviation▲ · 2 stocks
Hexcel Corporation
HXL
▲ PositiveCapitalrelevance

Hexcel raised its 2026 guidance and reported strong Q2 sales and margin improvement, directly boosting its financial outlook.

The Boeing Company
BA
▲ PositiveDemandrelevance

Hexcel's raised guidance and strong commercial aerospace sales, including programs like the 737 Max, indicate robust demand for Boeing's aircraft.

Theme Impact 1

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