Barnes Group (B) Tops Q1 EPS by 11c, Offers FY Guidance

Barnes Group (NYSE: B) reported Q1 EPS of $0.71, $0.11 better than the analyst estimate of $0.60. Revenue for the quarter came in at $342 million versus the consensus estimate of $316.24 million.

GUIDANCE:

Barnes Group sees FY2017 EPS of $2.68-$2.78, versus the consensus of $2.70.

• total revenue growth of 8% to 9% with organic revenue growth of 5% to 6%

For earnings history and earnings-related data on Barnes Group (B) click here.

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