Barnes Group (B) Tops Q3 EPS by 3c, Updates FY Guidance

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Barnes Group Inc. Reports Third Quarter 2021 Financial Results

October 29, 2021 6:30 AM EDT

Sales of $325 million, up 21% from last year; Organic Sales up 20% Operating Income of $43.7 million; Adjusted Operating Income of $43.9 million, up 39% from last year Operating Margin of 13.4%; Adjusted Operating Margin of 13.5%, up 180 bps from last year GAAP EPS of $0.55; Adjusted EPS of $0.55, up 83% from last years $0.30 2021 Organic Sales Growth Expectation of up 11% to 12% 2021 Adjusted EPS Outlook of $1.83 to $1.93; Up 12% to 18% from 2020 Adjusted EPS
of $1.64

BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), a global provider of highly... More