Barnes Group Inc expected to post earnings of 39 cents a share - Earnings Preview

Reuters
2024-10-23

* Barnes Group Inc is expected to show a rise in quarterly revenue when it reports results on October 25 for the period ending September 30 2024

* The Bristol Connecticut-based company is expected to report a 5.4% increase in revenue to $380.315 million from $360.99 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Barnes Group Inc is for earnings of 39 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Barnes Group Inc is 47.75​, above​ its last closing price of $46.63. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.40 0.40 0.37 Missed -6.6

Mar. 31 2024 0.36 0.38 Beat 6.9

Jan. 1 0001 0.35 0.35 0.41 Beat 16.6​

Jan. 1 0001 0.46 0.48 0.19 Missed -60.7

​​Jan. 0.55 0.54 0.47 Missed 6.5

1 0001

Mar. 31 2023 0.39 0.39 0.47 Beat 21.8​

Dec. 31 2022 0.50 0.49 0.52 Beat

Jan. 1 0001 0.50 0.49 0.49 Met 0.7

This summary was machine generated October 23 at 13:19 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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