* Barnes Group Inc reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of four analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 36 cents to 42 cents per share.

* Revenue rose 7.4% to $387.79 million from a year ago; analysts expected $380.32 million.

* Barnes Group Inc's reported EPS for the quarter was a loss of 4 cents​.

* The company reported a quarterly loss of $2.14 million.

* Barnes Group Inc shares had risen by 15.6% this quarter and gained 43.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 5.3% in the last three months.​

* In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the industrial machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for Barnes Group Inc is $47.50 This summary was machine generated from LSEG data October 27 at 03:46 p.m. UTC. ​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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.39 0.09 Missed

Jun. 30 2024 0.40 0.37 Missed

Mar. 31 2024 0.36 0.38 Beat

Dec. 31 2023 0.35 0.41 Beat