Barnes Group (B) Misses Q3 EPS by 3c

Barnes Group (NYSE: B) reported Q3 EPS of $0.78, $0.03 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $370 million versus the consensus estimate of $379.85 million.

GUIDANCE:

Barnes Group sees FY2018 EPS of $3.21-$3.26, versus the consensus of $3.26.

• Barnes Group now expects 2018 total revenue growth of 4% to 5%, with organic sales growth of 2% to 3%.

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

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