Kaman Corp (KAMN) Misses Q3 EPS by 7c

Kaman Corp (NYSE: KAMN) reported Q3 EPS of $0.60, $0.07 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $462 million versus the consensus estimate of $475.5 million.

Neal J. Keating, Chairman, President and Chief Executive Officer, stated, "While we faced several challenges during the third quarter we are pleased that Aerospace continued to deliver improved margin performance and Distribution achieved its fourth consecutive quarter of organic sales growth. In addition, we generated very strong free cash flow during the quarter, which provides us the ability to increase our free cash flow outlook for the year.

Sees 2014 Distribution sales of $1,185 million to $1,195 million and Aerospace sales of $630 million to $640 million.

For earnings history and earnings-related data on Kaman Corp (KAMN) click here.

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