Barnes Group (B) Misses Q3 EPS by 3c; Trims FY15 EPS Outlook

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Go back to Barnes Group (B) Misses Q3 EPS by 3c; Trims FY15 EPS Outlook

Barnes Group Inc. Reports Third Quarter 2015 Financial Results

October 23, 2015 6:30 AM EDT

Net Sales of $291 million, down 8%; Organic Sales down 5% Operating Margin of 15.0%; Adjusted Operating Margin of 16.6%, up 10 bps Diluted EPS from Continuing Operations of $0.61, down 2%; Adjusted Diluted EPS from Continuing Operations of $0.61, down 5% 2015 EPS from Continuing Operations Guidance Updated to $2.40 to $2.45 per diluted share; On an Adjusted Basis, $2.42 to $2.47 per diluted share, up 3% to 5%

BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), an international industrial and aerospace manufacturer and service provider, today... More