Kaman (KAMN) Reports In-Line Q2 EPS

Kaman Reports 2016 Second Quarter Results

July 28, 2016 4:15 PM EDT

Second Quarter 2016 Highlights:

Diluted earnings per share of $0.59, $0.64 adjusted* Aerospace sales growth of 30%; 16.5% operating profit margin, 18.2% adjusted* Distribution operating profit margin of 4.8%, a 120 bps increase over the first quarter

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN) today reported financial results for the second fiscal quarter ended July 1, 2016.

  Table 1. Summary of Financial Results     In thousands except per share amounts     For the Three Months Ended July 1, 2016 July 3, 2015 Change Net sales: Distribution $ 286,052 $ 304,050 $ (17,998 ) Aerospace 184,590   142,274   42,316   Net sales $ 470,642   $ 446,324   $ 24,318     Operating income: Distribution $ 13,807 $ 15,403... More