Kaman (KAMN) Tops Q2 EPS by 4c, Revenue Comes in Light

Kaman Reports 2017 Second Quarter Results

July 31, 2017 4:16 PM EDT

Second Quarter Highlights:

Diluted earnings per share of $0.48 Distribution operating margin of 5.7% Aerospace operating margin of 15.4% Extended the production of the K-MAX® aircraft for deliveries into 2019 Operating margin outlook for Distribution increased, high end of sales outlook lowered

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN) today reported financial results for the second fiscal quarter ended June 30, 2017.

      Table 1. Summary of Financial Results (unaudited) In thousands except per share amounts For the Three Months Ended June 30, 2017 July 1, 2016 Change Net sales: Distribution $ 278,706 $ 286,052 $ (7,346 ) Aerospace 170,300   184,590   (14,290 )... More