Investing.com - Hexcel (NYSE:HXL) reported on Monday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Hexcel announced earnings per share of $0.33 on revenue of $364.70. Analysts polled by Investing.com anticipated EPS of $0.33 on revenue of $400.11M.
Hexcel shares are up 48.74% from the beginning of the year, still down 12.00% from its 52 week high of $65.82 set on August 11.
Hexcel shares lost 1.29% in after-hours trade following the report.
Hexcel follows other major Industrials sector earnings this month
Hexcel's report follows an earnings missed by Lockheed Martin on July 19, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $3.19 on revenue of $6.57B, compared to forecast for EPS of $3.08 on revenue of $6.44B.
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