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Hexcel Corporation, (HXL) develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. 
It operates through two segments, Composite Materials and Engineered Products.
The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains.
The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings.
Shares have formed a bullish "flag" following its earnings report. On January 25th, HXL reported Quarter December 2022 earnings of $0.40 per share on revenue of $429.4 million. The consensus earnings estimate was $0.31 per share on revenue of $404.3 million. Revenue grew 19.2% on a year-over-year basis.
Guided Higher: The company said it expects 2023 earnings of $1.70 to $1.90 per share on revenue of $1.725 billion to $1.825 billion. The prior consensus earnings estimate was $1.76 per share on revenue of $1.77 billion for the year ending December 31, 2023.
Higher share prices are expected.
