04:56 PM EST, 01/22/2025 (MT Newswires) -- Hexcel ( HXL ) reported Q4 adjusted earnings late Wednesday of $0.52 per diluted share, compared with $0.43 a year earlier.

Analysts polled by FactSet expected $0.50.

Net sales for the quarter ended Dec. 31 rose to $473.8 million from $457.5 million a year earlier.

Analysts polled by FactSet expected $472.9 million.

Looking to 2025, the aerospace components manufacturer is projecting adjusted EPS of $2.05 to $2.25 on net sales of between $1.95 billion and $2.05 billion. Analysts polled by FactSet are looking for $2.27 and $2.0 billion, respectively.

The company said its board raised its quarterly dividend by $0.02 to $0.17 per share, payable Feb. 14 to shareholders of record on Feb. 7.

Hexcel ( HXL ) shares were nearly 6% lower in Wednesday's after-hours activity.

Price: 64.50, Change: -3.97, Percent Change: -5.80