Kaman (KAMN) Misses Q4 EPS by 17c

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Go back to Kaman (KAMN) Misses Q4 EPS by 17c

Kaman Reports 2020 Fourth Quarter and Full Year Results

February 25, 2021 4:30 PM EST

Fourth Quarter Highlights from Continuing Operations:

Net sales down 22.1% versus prior year to $185.3 million Net loss from continuing operations of $31.4 million, or $1.13 per diluted share Adjusted diluted earnings per share from continuing operations* of $0.41 Net cash provided by operating activities of $68.8 million, leading to Free Cash Flow* of $65.3 million in the quarter

Full Year Highlights from Continuing Operations:

Net sales up 3.0% versus prior year to $784.5 million; Organic sales down 7.1% Positive operating results offset by a $86.6 million in impairment... More