Barnes Group (B) Tops Q1 EPS by 1c; Offers FY22 EPS Guidance
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Barnes Reports First Quarter 2022 Financial Results
April 29, 2022 6:30 AM EDTDelivers Strong Aerospace Results and Solid Company-wide Book-to-Bill
Sales of $312 million, up 4% versus the prior year period; Organic Sales up 6% Operating Margin of 10.0%; Adjusted Operating Margin of 10.2%, down 50 bps from a year ago GAAP EPS of $0.40; Adjusted EPS of $0.41, up 8% versus the prior year period Forecasts 2022 Organic Sales Growth of +8% to +10% Expects 2022 Adjusted EPS of $2.20 to $2.40; Up 13% to 24% from 2021 Adjusted EPS of $1.94BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative... More
