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Hexcel Corp. Q4 adjusted earnings Beat Estimates

Hexcel Corp. (HXL) reported a profit for fourth quarter that fell from the same period last year.

The company's earnings totaled $66.1 million, or $0.76 per share. This compares with $88.1 million, or $0.96 per share, in last year's fourth quarter.

Excluding items, Hexcel Corp. reported adjusted earnings of $71.5 million or $0.82 per share for the period.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $561.0 million from $511.7 million last year.

Hexcel Corp. earnings at a glance:

-Earnings (Q4): $71.5 Mln. vs. $63.7 Mln. last year.
-EPS (Q4): $0.82 vs. $0.70 last year.
-Analysts Estimate: $0.79
-Revenue (Q4): $561.0 Mln vs. $511.7 Mln last year.

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