Hexcel is trading 11.88% lower at $79.17 after third-quarter revenue missed consensus and reaffirmed guidance midpoints fell below analyst estimates. - The October 22 selloff followed results released after the October 21 close: revenue was $496.4 million versus roughly $501.8 million expected; adjusted EPS of $0.50 slightly beat expectations. - Softer defense and space sales, near-term hiring and training costs, and a lower broad market added pressure. Commercial aerospace sales grew 20.5%, but did not offset earnings concerns.