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Hexcel shares plunge 11.8% following Q3 earnings release

The Motley Fool +1 ·

HXL
HXL Hexcel Corp
$81.27 -9.54%
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  1. 1Hexcel shares fell 11.8% as of 10:20 AM ET on Thursday.
  2. 2Hexcel reported actual Q3 earnings per share of $0.50.
  3. 3Hexcel reported actual Q3 revenue of $496.4 million.

So what's the key point?

Hexcel shares dropped 11.8% after the company released its third-quarter results. The stock price fell because the money the company earned was different from what was expected, which is not good news for investors.

Source The Motley Fool +1 · View original ↗

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