Kaman (KAMN) Tops Q4 EPS by 30c, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus
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Kaman Reports 2018 Fourth Quarter Results
February 25, 2019 4:15 PM ESTFourth Quarter Highlights:
Diluted earnings per share of $0.84, or $1.22 adjusted* Year-to-date operating cash flow of $162.4 million; Free Cash Flow* of $132.5 million Consolidated backlog of $986.1 million, a 32.9% increase over 2017 Distribution sales up 6.5% to $280.1 million; Operating margin of 4.1% Aerospace sales up 4.7% to $220.9 million; Operating margin of 18.9%, or 20.7% adjusted*BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN) today reported financial results for the fourth fiscal quarter ended December 31, 2018, as follows:
Table 1. Summary of Financial Results (unaudited) In thousands except per share amounts For the Three Months Ended
December 31,
2018
December 31,
2017
