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Hexcel Corporation trades at a notable discount after a sharp post-earnings sell-off, presenting an attractive margin of safety. HXL's Q3 revenue narrowly missed expectations but saw 9% YoY growth; EPS met consensus, and operating margins expanded significantly. Management maintained FY26 guidance, with strong commercial aerospace growth offsetting defense and space headwinds; reliance on Airbus and Boeing remains a key risk.
Hexcel expects $500 million in incremental annual sales from peak aircraft production. Commercial aerospace sales grew 21% year over year in the third quarter.
Hexcel NYSE: HXL reported third-quarter 2026 sales of $496 million, up 9% from a year earlier, as commercial aerospace demand increased across its major aircraft programs. Adjusted operating margin rose to 11% from 9.8%, while adjusted diluted earnings per share increased to $0.50 from $0.37 in the prior-year quarter.
Hexcel Corporation ( HXL ) Q3 2026 Earnings Call October 22, 2026 9:30 AM EDT Company Participants Kurt Goddard - Vice President of Investor Relations Thomas Gentile - CEO, President & Chairman James Coogan - Executive VP & CFO Conference Call Participants Michael Ciarmoli - Guggenheim Securities, LLC Gavin Parsons - UBS Investment Bank, Research Division Scott Mikus - Melius Research LLC Richard Safran - Seaport Research Partners David Strauss - Wells Fargo Securities, LLC, Research Division Jason Holcomb - Morgan Stanley, Research Division Noah Poponak - Goldman Sachs Group, Inc., Research Division Ronald Epstein - BofA Securities, Research Division Peter Skibitski - Alembic Global Advisors Gautam Khanna - TD Cowen, Research Division Myles Walton - Wolfe Research, LLC Sheila Kahyaoglu - Jefferies LLC, Research Division Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Hexcel Third Quarter 2026 Earnings Call.
HXL's Q3 2026 earnings rose 35.1%, beating estimates, while sales grew 8.8% on strong commercial aerospace demand.
Hexcel beat on earnings last night but missed on sales. Management held firm on guidance -- but investors were looking for a raise.
The headline numbers for Hexcel (HXL) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hexcel (HXL) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.37 per share a year ago.