GICSA Announces Consolidated Results for Second Quarter 2016
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Jefferies Raises Price Target on Barnes Group (B) to $44 Following 2Q EPS Beat
August 1, 2016 8:38 AM EDTJefferies reiterated a Buy rating on Barnes Group (NYSE: B), and raised the price target to $44.00 (from $41.00), following the company's 2Q earnings report. B reported EPS of $0.63, above consensus estimates of $0.60. estimates for 2H16 and 2017 remain unchanged.
Analyst Bhupender Bohra commented, "B had a... More
Barnes Group (B) Reports In-Line Q2 EPS
July 29, 2016 6:30 AM EDTBarnes Group (NYSE: B) reported Q2 EPS of $0.61, in-line with the analyst estimate of $0.61. Revenue for the quarter came in at $307 million versus the consensus estimate of $308.71 million.
GUIDANCE:
Barnes Group sees FY2016 EPS of $2.46-$2.56, versus the consensus of... More
