Barnes Group (B) Tops Q1 EPS by 2c

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Go back to Barnes Group (B) Tops Q1 EPS by 2c

Barnes Group Inc. Reports First Quarter 2019 Financial Results

April 26, 2019 6:30 AM EDT

Sales of $377 million, up 3% from last year; Organic Sales up 1% Operating Margin of 13.4%; Adjusted Operating Margin of 14.5%, down 90 bps GAAP EPS of $0.65; Adjusted EPS of $0.71, down 1% versus prior year period 2019 Sales Growth Expectation Remains at 4% to 6% with Organic Sales Growth of 1% to 3% 2019 Adjusted Net Income Estimate Lowered to $3.23 to $3.35 per Share; Approximately Flat to Up 4% from 2018 Adjusted Net Income of $3.22 per Share

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