Barnes Group (B) Tops Q3 EPS by 3c, Offers Q4 Guidance
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Barnes Group Inc. Reports Third Quarter 2020 Financial Results
October 23, 2020 6:30 AM EDTSales of $269 million, down 28% from last year; Organic Sales down 26% Operating Income of $31.2 million, down 54% Operating Margin of 11.6%, down 650 bps GAAP EPS of $0.30, down 66% from a Year Ago Solid Free Cash Flow, Leverage at 2.8x EBITDA Provides Fourth Quarter Expectation
BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financial results for the third quarter 2020.
Barnes Group delivered third... More
