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Barnes Group Inc (B.N)

B.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Barnes Group Inc - ‍reaffirms full-year 2017 outlook​
Thursday, 7 Sep 2017 06:45am EDT 

Sept 7 (Reuters) - Barnes Group Inc :Barnes Group Inc - ‍reaffirms full-year 2017 outlook​.Barnes Group Inc - sees ‍organic sales 4% to 6% CAGR​ for 2020.Barnes Group Inc - sees ‍operating margin 18% to 19% for 2020​.Barnes Group Inc - sees ‍EPS in double-digit CAGR​ for 2020.FY2017 earnings per share view $2.89, revenue view $1.40 billion -- Thomson Reuters I/B/E/S.  Full Article

Barnes Group Q2 adjusted earnings per share $0.81
Friday, 28 Jul 2017 06:30am EDT 

July 28 (Reuters) - Barnes Group Inc ::Barnes Group Inc. reports second quarter 2017 financial results.Q2 earnings per share $0.82.Q2 sales $364 million versus I/B/E/S view $335.8 million.Sees FY 2017 sales up 14 to 15 percent.Sees FY 2017 adjusted earnings per share $2.80 to $2.90 from continuing operations.Q2 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Now expects 2017 total revenue growth of 14% to 15% with organic revenue growth of 9% to 10%.Adjusted operating margins are forecasted to be in range of 15.5% to 16.0% for 2017.Aerospace backlog was $683 million at end of Q2 of 2017, up 4% compared to a year ago.Foreign exchange is not anticipated to have a meaningful impact for 2017.Company anticipates capital expenditures of approximately $55 million for 2017.FY2017 earnings per share view $2.78, revenue view $1.34 billion -- Thomson Reuters I/B/E/S.Qtrly adjusted earnings per share $0.81.  Full Article

Barnes group sets quarterly cash dividend of $0.14per share
Thursday, 20 Jul 2017 09:56am EDT 

July 20 (Reuters) - Barnes Group Inc :Sets quarterly cash dividend of $0.14per share.  Full Article

Barnes Group Q1 adjusted EPS $0.71
Friday, 28 Apr 2017 06:30am EDT 

April 28 (Reuters) - Barnes Group Inc :Barnes group inc. Reports first quarter 2017 financial results.Q1 adjusted earnings per share $0.71.Q1 earnings per share $0.70.Q1 sales rose 19 percent to $342 million.Sees fy 2017 sales up 8 to 9 percent.Barnes group inc - sees fy organic sales growth of 5% to 6%.Barnes group inc - sees 2017 adjusted net income of $2.68 to $2.78 per diluted share.Barnes group inc - qtrly organic sales increased by 11%.Barnes group inc - aerospace backlog was $687 million at end of q1 of 2017, up 16% year-over-year.Q1 earnings per share view $0.60, revenue view $314.8 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.71, revenue view $1.32 billion -- Thomson Reuters I/B/E/S.  Full Article

Barnes Group Q4 adjusted earnings per share $0.67
Friday, 17 Feb 2017 06:30am EST 

Barnes Group Inc : Barnes Group Inc reports fourth quarter and full year 2016 financial results . Q4 adjusted earnings per share $0.67 . Q4 earnings per share $0.67 . Q4 sales $324 million versus I/B/E/S view $328.4 million . Q4 earnings per share view $0.64 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales up 6 to 8 percent . Sees Q1 2017 adjusted earnings per share $2.61 to $2.76 from continuing operations . Barnes Group Inc sees organic sales growth of 3% to 5% for 2017 . Sees 2017 adjusted net income of $2.61 to $2.76 per diluted share; up 3% to 9% from 2016 . Barnes Group Inc - aerospace backlog was $636 million at end of Q4 of 2016, up 11% year-over-year . Barnes Group Inc - company anticipates capital expenditures of approximately $55 million in 2017 . FY 2017 earnings per share view $2.67, revenue view $1.32 billion -- Thomson Reuters I/B/E/S .Barnes Group Inc qtrly organic sales growth of 9%.  Full Article

Barnes Group says amends existing revolving credit agreement - SEC filing
Tuesday, 7 Feb 2017 03:54pm EST 

Barnes Group Inc : On February 2, 2017 entered into an amendment to its existing revolving credit agreement - SEC filing . Amended credit agreement extends maturity date to Feb 2, 2022; increases borrowing availability from $750 million to $850 million - SEC filing .Amendment increases accordion feature from $250 million to $350 million resulting in total available borrowings of $1.2 billion.  Full Article

Barnes Group sets quarterly cash dividend of $0.13/share
Friday, 14 Oct 2016 09:54am EDT 

Barnes Group Inc:Sets quarterly cash dividend of $0.13 per share.  Full Article

Barnes Group reports Q2 adjusted EPS $0.63
Friday, 29 Jul 2016 06:30am EDT 

Barnes Group Inc : Barnes Group Inc. reports second quarter 2016 financial results . Q2 adjusted earnings per share $0.63 . Q2 earnings per share $0.61 . Q2 sales $307 million versus I/B/E/S view $308.7 million . Sees FY 2016 adjusted earnings per share $2.46 to $2.56 . Sees FY 2016 earnings per share $2.43 to $2.53 .Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S.  Full Article

Barnes Group sets quarterly cash dividend of $0.13 per share
Thursday, 14 Jul 2016 10:49am EDT 

Barnes Group Inc :Sets quarterly cash dividend of $0.13 per share.  Full Article

Barnes Group says to buy Adval Tech's molds business
Tuesday, 12 Jul 2016 01:00am EDT 

Barnes Group Inc : Barnes group Inc To acquire the molds business of Adval Tech Holding Ag . Says Barnes Group has agreed to purchase Foboha mold-making business for CHF 133 million (approximately $136 million) . Says expected to finance transaction with cash on hand and borrowings under company's revolving credit facility .Following deal closing, Foboha to operate as business within molding solutions strategic business unit of co's industrial segment.  Full Article

BRIEF-Barnes Group Inc - ‍reaffirms full-year 2017 outlook​

* Barnes Group Inc - sees ‍organic sales 4% to 6% CAGR​ for 2020