Barnes Group (B) Tops Q4 EPS by 3c, Guides In-Line
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Barnes Group Inc. Reports Fourth Quarter and Full Year 2016 Financial Results
February 17, 2017 6:30 AM ESTFourth Quarter 2016:
Sales of $324 million, up 13% from last years fourth quarter; Organic Sales up 9% Operating Margin of 15.8%; Adjusted Operating Margin of 16.0%, up 50 bps Diluted EPS of $0.67, up 52%; Up 12% to $0.67 on an Adjusted BasisFull Year 2016:
Sales of $1,231 million, up 3% from 2015; Full Year Organic Sales Flat to 2015 Operating Margin of 15.6%; Adjusted Operating Margin of 16.0%, up 20 bps Diluted EPS of $2.48, up 13%; Up 6% to $2.53 on an Adjusted Basis2017 Outlook:
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