Kaman (KAMN) Tops Q4 EPS by 4c, Offers FY Guidance
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Kaman Reports 2019 Fourth Quarter and Full Year Results
February 24, 2020 4:30 PM ESTFourth Quarter Highlights from Continuing Operations:
Net sales up 7.7% to $237.8 million versus prior year Aerospace operating income increased 7.9% to $45.0 million, or 18.9% of sales Net earnings increased $18.5 million to $34.1 million Diluted earnings per share rose $0.66 to $1.22, or $0.80 adjusted*Full Year Highlights from Continuing Operations:
Net sales up 3.5% to $761.6 million versus prior year Aerospace operating margin up 430 basis points to 17.1%, or 17.2% adjusted* Diluted earnings per share $2.01, or $1.63 adjusted* Record JPF deliveries of 41,429 units... More