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0 0 -0.00128507174983941 -0.00128507174983941 0.000214178624973185 0.000214178624973185 0.000214178624973185 -0.00128507174983941
Stock impact report

Barnes Reports Third Quarter 2024 Financial Results

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Business Wire
Strong Aerospace Aftermarket Drives Top-line GrowthComparisons are year-over-year unless noted otherwiseThird Quarter 2024:Sales of $388 million, up 7%; Organic Sales up 4%Operating Margin of 10.8%; Adjusted Operating Margin of 12.3%, up 150 bpsAdjusted EBITDA Margin of 19.8%, up 140 bpsGAAP EPS of -$0.04; Adjusted EPS of $0.09, down 52% BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financial results for the third quarter of 2024.“In the third quarter, despite ongoing production delays from aircraft manufacturers, our Aerospace OEM business generated extraordinarily strong orders in anticipation of a future industry re-ramp. Meanwhile, our Aerospace aftermarket business continues to deliver robust performance on strong top-line growth. With the MB Aerospace integration and synergies progressing ahead of plan, we are delivering on our stra Show less Read more
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