Barnes Group (B) Misses Q3 EPS by 3c

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Barnes Group Inc. Reports Third Quarter 2018 Financial Results

October 26, 2018 6:30 AM EDT

Sales of $370 million, up 4%; Organic Sales up 4% Operating Margin of 16.0%, Up 230 bps; Adjusted Operating Margin of 16.4%, Up 250 bps Diluted EPS of $0.75, up 15% from Last Year; Adjusted Diluted EPS of $0.78, Up 18% 2018 Expected Sales Growth of 4% to 5%; Organic Sales Growth of 2% to 3% 2018 Expected Adjusted Net Income of $3.21 to $3.26 per Share; Up 11% to 13% from 2017

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