NYSE$HXL

Hexcel Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Hexcel reported a positive quarter with sales in line with expectations and solid margin performance.

Hexcel Corporation reported second quarter 2021 results with net sales of $320 million and adjusted diluted EPS of $0.08 per share. The company is beginning to return to top line growth and delivered solid margin performance supported by favorable mix from higher fiber sales and planned reductions in overhead cost.

  • Q2 2021 GAAP diluted EPS of $0.03 and adjusted diluted EPS of $0.08.
  • Q2 2021 Sales were $320 million.
  • Free Cash Flow YTD of $30 million.
  • Commercial Aerospace sales decreased 24.6% compared to the second quarter of 2020.

Headline financials

Total Revenue

$320M

Previous: $379M-15.4%
EPS (adj)

$0.08

Previous: $0.08+0.0%
Capital Expenditures

-$9.2M

Previous: -$40.4M+77.2%
Free Cash Flow

-$21M

Previous: $1M-2200.0%
Net Income

-$11.8M

Previous: $41.4M-128.5%
Operating Income

$16.2M

Previous: $6.4M+153.1%
Gross Profit

$61.9M

Previous: $54.9M+12.8%
Cash & Equivalents

$115M

Previous: $257M-55.2%
Total Assets

$2.92B

Previous: $3.22B-9.5%

Revenue & EPS history

Hexcel · Revenue · Quarterly

$320M

Q2 2021-15.4%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Hexcel · $320M total across 2 segments · Q2 2021

  • Composite Materials
    $241M
  • Engineered Products
    $79.4M

Forward guidance

The Company continues to withhold financial guidance due to continuing market uncertainties arising from the global pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+3.6%

Avg return

30 days after

55%

38 / 69 earnings

Positive

+11.1%

Q3 2025

Best reaction

-11.6%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.6%+6.8%-1.1%
Q4 2025+5.5%+3.4%+15.5%
Q3 2025+11.1%+13.9%+13.8%
Q2 2025-1.2%-2.8%-0.8%
Q1 2025-4.3%-0.4%+3.1%
Q4 2024+3.2%-2.4%-8.5%
Q3 2024+2.7%-0.3%-6.6%
Q2 2024-7.6%-5.4%-7.9%
Q1 2024+3.0%+4.0%+15.5%
Q4 2023-8.9%-7.3%+2.4%
Q3 2023-7.6%-8.1%+3.7%
Q2 2023-6.3%-7.0%-4.3%
Q1 2023+6.2%+5.7%+3.9%
Q4 2022+9.0%+10.7%+16.5%
Q3 2022-2.8%-2.4%+6.0%
Q2 2022+1.4%+6.0%+7.0%
Q1 2022+1.2%-2.2%-0.8%
Q4 2021-6.2%-0.8%+8.4%
Q3 2021-4.4%-5.6%+1.3%
Q2 2021+1.8%-5.7%-1.0%
Q1 2021-0.2%-0.3%-9.8%
Q4 2020-6.9%-9.7%+17.7%
Q3 2020-4.0%-0.1%+41.0%
Q2 2020-9.0%-18.3%-13.8%
Q1 2020-11.6%-12.5%-5.0%
Q4 2019+0.6%+0.0%-6.4%
Q3 2019-0.8%-3.2%+4.4%
Q2 2019+4.4%+4.0%+2.0%
Q1 2019+0.3%+4.1%+7.4%
Q4 2018+7.4%+6.6%+16.5%
Q3 2018-4.0%-7.3%-5.8%
Q2 2018-2.4%-0.6%-1.4%
Q1 2018+3.5%+2.2%+9.1%
Q4 2017+2.1%+4.8%+3.7%
Q3 2017+4.9%+7.4%+1.0%
Q2 2017-4.6%-5.2%-3.5%
Q1 2017-2.3%-1.5%-5.1%
Q4 2016-0.3%-1.0%+6.4%
Q3 2016+3.6%+4.7%+14.1%
Q2 2016+6.5%+4.4%+7.3%
Q1 2016+0.7%
Q4 2015+8.2%
Q3 2015-7.6%
Q2 2015-1.4%
Q1 2015+0.2%
Q4 2014+4.8%
Q3 2014+1.6%
Q2 2014-3.0%
Q1 2014-3.3%
Q4 2013-7.8%
Q3 2013+1.3%
Q2 2013+3.6%
Q1 2013+9.1%
Q4 2012+0.3%
Q3 2012-1.2%
Q2 2012-7.2%
Q1 2012+5.1%
Q4 2008+3.5%
Q4 2011+3.5%
Q3 2011-1.3%
Q2 2011+0.4%
Q1 2010+8.1%
Q1 2011+1.9%
Q4 2010+2.4%
Q3 2009-2.3%
Q3 2010-2.3%
Q2 2010+4.1%
Q4 2009+4.1%
Q2 2009+4.1%

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