Barnes Group (B) Beats Q4 Earnings & Revenues

B

Barnes Group Inc. (B - Free Report) is a manufacturer of precision metal parts as well as distributes industrial supplies worldwide. End-markets served include aerospace, transportation, industrial equipment, consumer products, packaging, electronics, medical devices, energy, medical/pharmaceutical, and personal care/health care industries. It currently has a $3.4 billion market capitalization.

However, this machinery company faces risks from regulatory issues in the aerospace business, unfavorable foreign currency movements and uncertain global economic conditions. Investors are eagerly waiting for the company’s latest earnings report.

The company’s delivered better-than-expected results in three of the last four quarters, while lagging estimate in one. Average earnings surprise was a positive 9.02%.

Barnes Group, Inc. Price, Consensus and EPS Surprise

 

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