Hexcel (NYSE: HXL) is expected to report Q2 earnings on July 23. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Hexcel's revenue will increase 14.5% and EPS will increase 21.9%.

The average estimate for revenue is $404.8 million. On the bottom line, the average EPS estimate is $0.39.

Revenue details
Last quarter, Hexcel reported revenue of $400.1 million. GAAP reported sales were 21% higher than the prior-year quarter's $331.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.39. GAAP EPS of $0.39 for Q1 were 50% higher than the prior-year quarter's $0.26 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 26.6%, 160 basis points better than the prior-year quarter. Operating margin was 15.1%, 260 basis points better than the prior-year quarter. Net margin was 9.9%, 190 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $1.61 billion. The average EPS estimate is $1.54.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 259 members out of 274 rating the stock outperform, and 15 members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Hexcel a green thumbs-up, and one gives it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hexcel is outperform, with an average price target of $29.29.

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