Barnes Group (B) Tops Q1 EPS by 4c, Updates Outlook

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Barnes Group Inc. Reports First Quarter 2018 Financial Results

April 27, 2018 6:30 AM EDT

Sales of $367 million, up 7%; Organic Sales up 1% Operating Margin of 15.4%; Down 120 bps from Last Years Adjusted Operating Margin of 16.6% Diluted EPS of $0.72, Up 1% from an Adjusted $0.71 in the Prior Year Period 2018 Expected Sales Growth of 5% to 6%; Organic Sales Growth of 3% to 4% 2018 Net Income of $3.03 to $3.15 per Share; Up 5% to 9% from 2017 Adjusted Net Income of $2.88 per Share

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