Barnes Group (B) Tops Q4 EPS by 8c; Guides
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Barnes Reports Fourth Quarter and Full Year 2021 Financial Results
February 18, 2022 6:30 AM ESTGenerates solid sales and earnings growth, delivers good cash performance for 2021
Fourth Quarter 2021:
Sales of $311 million, up 8% versus prior year period; Organic Sales up 9% Operating Margin of 11.4%; Adjusted Operating Margin of 11.4%, similar to a year ago GAAP EPS of $0.55; Adjusted EPS of $0.55, up 53% versus prior year periodFull Year 2021:
Sales of $1,259 million, up 12% from 2020; Organic Sales up 11% Operating Margin of 11.9%; Adjusted Operating Margin of 12.0%, down 80 bps GAAP EPS of $1.96; Adjusted EPS of $1.94, up 18% from 20202022 Outlook:
2022 Organic Sales Growth... More