Hexcel is trading 9.6% lower at $81.20 in pre-market after its October 21, 2026, third-quarter sales missed consensus and the guidance midpoint fell below analyst expectations.
- Sales were $496.4 million versus $501.84 million consensus; adjusted EPS of $0.50 narrowly beat estimates, and 2026 guidance was reaffirmed.
- Commercial aerospace sales rose 20.5%, while Defense, Space & Other fell 8.7% amid temporary softness in several programs. Broad markets were sharply lower pre-market, adding risk-off pressure.