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Explore Barnes Group's (B) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Barnes Group's (B) Q1 revenues increase 28.4% year over year, driven by the impressive performance of its Aerospace segment.
Barnes Group Inc. (NYSE:B ) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants William Pitts - VP, IR Julie K. Streich - SVP, Finance and CFO Thomas J.
Although the revenue and EPS for Barnes Group (B) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Barnes Group (B) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.47 per share a year ago.
Barnes Group (B) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Weakness in the motion control solutions business within the Industrial segment is weighing on Barnes (B). Rising costs are an added concern for the company.
The expansion of Barnes' (B) MRO facility in East Granby will bolster its capability to cater to solid demand for existing and new engine programs.
Barnes (B) completes the divestiture of its Spring and H??nggi businesses for $175 million to focus more on its core business.
The global economy is taking a turn this quarter, with the United States and China leading the way. After reporting a year of consecutive contraction, the U.S. manufacturing sector has finally pushed out its first expansionary reading during March 2024.