Barnes Group (B) Tops Q2 EPS by 15c
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Barnes Group Inc. Reports Second Quarter 2018 Financial Results
July 27, 2018 6:30 AM EDTSales of $375 million, up 3%; Organic Sales up 1% Operating Margin of 17.0%; Up 120 bps from Last Years Adjusted Operating Margin of 15.8% Diluted EPS of $0.93, up 13% from the Prior Year Period; On an Adjusted Basis, Up 11% to $0.90 2018 Expected Sales Growth of 5% to 6%; Organic Sales Growth of 4% to 5% 2018 Adjusted Net Income of $3.18 to $3.28 per Share; Up 10% to 14% from 2017 Adjusted Net Income of $2.88 per Share
BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE:... More
