Hexcel falls after Q1 miss, lowered 2025 forecast on weaker Airbus demand

** Hexcel Corp's HXL shares down 7.6% to $46.66, a two-week low, on Tues after aircraft parts supplier reported qtrly results below expectations and cut full-yr outlook

** Stamford, Connecticut-based firm late Mon posted adj EPS of 37 cents, below LSEG estimate of 43 cents

** Rev in qtr declined ~3% y/y to $456.5 mln while analysts expected $475.7 mln

** Co reduced its 2025 guidance, pointing to continued supply chain driven delays in commercial aircraft production rate ramps, especially on the Airbus A350 program

** It now sees full-yr rev of $1.88-$1.95 bln and adj EPS of $1.85-$2.05, down from $1.95-$2.05 bln and $2.05-$2.25, respectively

** TD Cowen, which rates HXL 'hold', said in research note that lowered guide excludes impact of new tariffs announced after end of Q1

** Of 20 brokerages covering HXL, recommendation breakdown is 4 "strong buy" or "buy", 14 "hold" and 2 "sell" ratings; median PT of $61 down from $71 a month ago - LSEG data

** Stock falling for fifth straight session and now down nearly 26% YTD. In comparison, S&P 400 Aerospace & Defense index (.SPMDCAED) down ~9% in 2025