Barnes Group Inc. Reports Fourth Quarter and Full Year 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Barnes Group (B) Tops Q4 EPS by 2c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus
February 21, 2020 6:32 AM ESTBarnes Group (NYSE: B) reported Q4 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $370 million versus the consensus estimate of $376.23 million.
Fourth Quarter 2019:
Sales of $370 million, down 4% from last year; Organic Sales down 4%Operating Margin of 16.5%; Adjusted Operating Margin of 17.2%, up 190 bpsGAAP EPS of $0.80; Adjusted EPS of $0.86, up 2% versus prior year periodEnd market trends experienced throughout the year endured into the fourth quarter, as a weak global industrial manufacturing environment and lingering trade uncertainties unfavorably impacted revenues in our Industrial... More

