Hexcel Q1 Profit Up - Quick Facts

(RTTNews) - Hexcel Corp. (HXL) Monday reported first-quarter profit of $50.1 million or $0.50 per share, up from $43.6 million or $0.43 per share in the same period last year.

On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.49 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased 10.9 percent to $461.7 million from $416.5 million last year. Analysts expected revenues of $453.02 million.

Looking ahead to the full-year 2014, the company continues to project adjusted earnings in the order of $2.00 to $2.12 per share, with revenues ranging between $1.80 billion and $1.88 billion. Analysts currently expect the company to report full-year earnings of $2.12 per share on revenues of $1.85 billion.