Barnes Group (B) Misses Q3 EPS by 3c, Offers Guidance

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Go back to Barnes Group (B) Misses Q3 EPS by 3c, Offers Guidance

Barnes Group Inc. Reports Third Quarter 2017 Financial Results

October 27, 2017 6:30 AM EDT

Sales of $357 million, up 15%; Organic Sales up 8% Operating Margin of 13.4%; Adjusted Operating Margin of 13.6%, down 380 bps Diluted EPS of $0.65, down 3%; Down 7% to $0.66 on an Adjusted Basis 2017 Expected Sales Growth of 15.5% to 16.5%; Organic Sales Growth of 10.5% to 11.5% 2017 Expected Adjusted Net Income of $2.84 to $2.89 per Diluted Share; up 12% to 14% from 2016 Adjusted Net Income of $2.53 per Diluted Share

BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), a global provider of highly engineered... More