Barnes Group IncNYSE
Sun, Nov. 20, 4:30 AM
- "Given the outcome of the congressional election and learning more specifically who is (and isn’t) involved as space advisers, I anticipate a larger appetite for a change agenda and a better than expected potential to get at least some of their agenda accomplished," Lori Garver, former No.2 at NASA writes.
- Expected areas of change: i) NASA’s bureaucracy/infrastructure is much too large and expensive. ii) NASA shouldn’t be spending so much money on Earth sciences. iii) The Moon is a better and more important destination than Mars. iv) Entrepreneurial space should play a larger role in all aspects of space. v) Space activities cut across international, civil, military and commercial arenas and should be run out of the White House, by a National Space Council, reporting to Vice President Pence.
- She also takes a few parting shots at the departing administration: "NASA Administrator Charlie Bolden’s perceived lack of enthusiastic support of the White House agenda gave an opening to the opposition. Without a willingness to take on these special interests, the administration made a Faustian bargain to secure congressional support for Earth sciences, technology and commercial crew, in exchange for support of developing a large expendable rocket (the Space Launch System or SLS) and deep space capsule (Orion) for human spaceflight. While these parochial interests still exist, a Trump White House has the opportunity to more effectively defend its own agenda."
- Stocks potentially impacted: AVAV, B, BA, GLOB, HON, I, JEC, LMT, OTCPK:MDDWF, MOG.A, OA, SAIC, SPACE, T
Fri, Oct. 28, 7:49 AM
- Adjusted diluted net income of $0.71 per diluted share, up 16% from $0.61 a year ago. Adjusted operating margin of 17.4%, up 80 bps.
- Revenue by segment: Industrial +10%; Aerospace flat%.
- Aerospace backlog was up 14% Y/Y at $638M at the end of the quarter.
- Raised outlook for 2016: Adjusted net income to $2.48-$2.53 per diluted share (from $2.43-$2.58); Revenue growth to 3.5%-4.5% (from 2%-4%); Organic sales growth to flat (from 0%-2%).
- Q3 results
Fri, Oct. 28, 6:31 AM
Thu, Oct. 27, 5:30 PM
Fri, Oct. 14, 10:15 AM
Fri, Jul. 29, 6:31 AM
Thu, Jul. 28, 5:30 PM
Thu, Jul. 14, 10:52 AM
Tue, Jul. 12, 8:37 AM
Fri, May 6, 9:52 AM
- Barnes Group (NYSE:B) declares $0.13/share quarterly dividend, 8.3% increase from prior dividend of $0.12.
- Forward yield 1.57%
- Payable June 10; for shareholders of record May 26; ex-div May 24.
Mon, Apr. 25, 4:35 PM
- Barnes Group (NYSE:B): Q1 EPS of $0.54 in-line.
- Revenue of $288.33M (-4.1% Y/Y) misses by $9.95M.
Fri, Feb. 19, 7:57 AM
- Adjusted diluted net income of $0.60 per diluted share, down 3% from $0.62 a year ago. Adjusted operating margin of 15.8%, up 40 bps.
- Revenue by segment: Industrial -4%; Aerospace -12%.
- Aerospace backlog was up 9% Y/Y at $571M at the end of the quarter.
- Outlook for 2016: Adjusted net income of $2.43-$2.58 per diluted share; Sales growth of 2%-4%; Organic sales growth of 0%-2%.
- Q4 results
Fri, Feb. 19, 6:31 AM
- Barnes Group (NYSE:B): Q4 EPS of $0.60 misses by $0.06.
- Revenue of $287.03M (-7.5% Y/Y) misses by $21.25M.
Thu, Feb. 18, 5:30 PM
Wed, Feb. 10, 11:45 AM
- Barnes Group (NYSE:B) declares $0.12/share quarterly dividend, in line with previous.
- Forward yield 1.55%
- Payable March 10; for shareholders of record Feb. 25; ex-div Feb. 23.
Oct. 23, 2015, 7:18 AM
- Adjusted diluted net income of $0.61 per diluted share, down 5% from $0.64 a year ago. Adjusted operating margin of 16.6%, up 10 bps.
- Revenue by segment: Industrial -9%; Aerospace -7%.
- Aerospace backlog was up 10% Y/Y at $560M at the end of the quarter.
- The company now expects 2015 adjusted earnings of $2.42-$2.47 per diluted share vs. a previous forecast of $2.45-$2.55.
- Q3 results