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Hexcel Corp. Reveals Increase In Q1 Profit

Hexcel Corp. (HXL) reported a profit for its first quarter that climbed from last year.

The company's bottom line came in at $72.2 million, or $0.84 per share. This compares with $61.6 million, or $0.68 per share, in last year's first quarter.

Analysts had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.9% to $609.9 million from $540.1 million last year.

Hexcel Corp. earnings at a glance:

-Earnings (Q1): $72.2 Mln. vs. $61.6 Mln. last year.
-EPS (Q1): $0.84 vs. $0.68 last year.
-Analysts Estimate: $0.76
-Revenue (Q1): $609.9 Mln vs. $540.1 Mln last year.

Full year EPS guidance: $3.38 to $3.52
Full year revenue guidance: $2.375 to $2.475 Bln

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