Barnes Group (B) Tops Q2 EPS by 2c

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Go back to Barnes Group (B) Tops Q2 EPS by 2c

Barnes Group Inc. Reports Second Quarter 2021 Financial Results

July 30, 2021 6:30 AM EDT

Sales of $321 million, up 36% from last year; Organic Sales up 31% Operating Income of $38.5 million; Adjusted Operating Income of $39.2 million, up 41% from last year Operating Margin of 12.0%; Adjusted Operating Margin of 12.2%, up 40 bps from last year GAAP EPS of $0.48; Adjusted EPS of $0.45, up 67% from last years $0.27 2021 Sales Growth Expectation Increased to 13% to 14% with Organic Sales Growth of 11% to 12% 2021 Adjusted EPS Outlook of $1.83 to $1.98; Up 12% to 21% from 2020 Adjusted EPS
of $1.64

BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE:... More