Barnes Group (B) Tops Q4 EPS by 2c, FY EPS Guidance Misses
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Barnes Group Inc. Reports Fourth Quarter and Full Year 2018 Financial Results
February 22, 2019 6:30 AM ESTFourth Quarter 2018:
Record Quarterly Sales of $384 million, up 3% from last year; Organic Sales up 2% Operating Margin of 13.6%; Adjusted Operating Margin of 15.3%, up 140 bps GAAP EPS of $0.75; Adjusted EPS of $0.84, up 18% versus prior year periodFull Year 2018:
Record Full Year Sales of $1,496 million, up 4% from 2017; Organic Sales up 2% Record Operating Income of $231.8 million; Adjusted Operating Income of $239.7 million, up 11% Operating Margin of 15.5%; Adjusted Operating Margin of 16.0%, up 90 bps GAAP EPS of $3.15;... More