Barnes Group

Barnes Group, Inc. engages in the provision of engineered products, industrial technologies and solutions. It operates through the Industrial and Aerospace segments. The Industrial segment includes molding solutions, force and motion control, and the automation and engineered components business units. The Aerospace segment consists of the original equipment manufacturing business, maintenance repair and overhaul services, and the manufacture and delivery of aerospace aftermarket spare parts. The company was founded by Wallace Barnes in 1857 and is headquartered in Bristol, CT.

Earnings data Q1 2021

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Barnes Group reports mixed Q4 performance, outlines growth opportunities

Barnes Group's Q4 2022 earnings call highlighted mixed performance across its Industrial and Aerospace segments. While facing challenges such as labor productivity issues and COVID-related impacts in China, the company showcased strength in its Aerospace segment and outlined opportunities for growth in 2023. Management emphasized the importance of restructuring efforts and integration strategies for future success.

Barnes Group reports solid Q1 results, eyes growth opportunities

Barnes Group's Q1 performance was marked by revenue growth and a focus on cost reduction and efficiency improvements. The company aims to return profitability to levels communicated in the 2021 Investor Day, with a positive outlook for organic sales growth and margin expansion.

Barnes Group reports solid Q2 performance, addresses Aerospace challenges

Barnes Group's Q2 performance showcased growth and margin improvement, though challenges in productivity and product mix affected Aerospace margins. The company is proactively addressing profitability challenges and preparing for growth in the Aerospace sector.

Barnes Group reports mixed Q3 results, eyes operational improvements

Barnes Group's Q3 performance reflects a mix of successes and challenges across its Aerospace and Industrial segments. The company is focused on addressing operational issues, enhancing market engagement, and optimizing cash flow for future growth. With a strategic outlook for 2023 and plans for 2024, Barnes Group aims to navigate industry headwinds and capitalize on growth opportunities.

Barnes Group excels in Q4 2023, eyes growth opportunities

Barnes Group delivered strong financial performance in Q4 2023, showcasing revenue growth and operational efficiency.
Successful integration of MB Aerospace and long-term agreements in Barnes Aerospace highlight strategic strengths.
Challenges include addressing declines in Industrial segment sales and the need for continued pricing strategies.
Opportunities lie in revenue growth projections, aftermarket and OEM growth, and strategic investments for future expansion.

Barnes Group excels in Q1 2024, eyes $1B aerospace revenue

Barnes Group's Q1 performance reflects strong revenue growth, margin improvement, and strategic business decisions.
The aerospace segment is a key driver of growth, with significant contract wins and a focus on achieving $1 billion in annual revenue by 2025.
Challenges in certain business segments and market regions require targeted strategies for sustained success.

Barnes Group reports solid Q2 performance amidst challenges and opportunities

Barnes Group's Q2 performance reflects a strong focus on operational efficiency and strategic realignment towards Aerospace and Industrial segments.
While facing challenges such as supply chain disruptions and reduced sales growth guidance, the company remains committed to maximizing shareholder value.
Opportunities lie in aftermarket growth, long-term agreements, and strategic transformation initiatives that could drive future profitability and efficiency.

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Barnes Group, Inc. engages in the provision of engineered products, industrial technologies, and solutions. It operates through the Industrial and Aerospace segments. The Industrial segment includes molding solutions, force and motion control, and the automation and engineered components business units. The Aerospace segment is involved in the original equipment manufacturing business, maintenance repair and overhaul services, and the manufacture and delivery of aerospace aftermarket spare parts. The company was founded by Wallace Barnes in 1857 and is headquartered in Bristol, CT.

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release fourth quarter and full year 2023 financial results on Friday, February 16, 2024, before the market opens. Barnes will also host a conference call which will begin at 8:30 a.m. (ET) on that day to discuss the results and the Company's outlook. The public may access the conference through a live audio webcast available on the Investor Relations section of the Barnes website at www.onebarnes.com. The conf.

Barnes Announces Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast

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Barnes' (B) Q3 adjusted earnings declined 157.9% year over year due to the increasing cost of sales. The company has lowered its 2023 adjusted earnings outlook due to the impacts of the MB Aerospace buyout.

Barnes (B) Shares Down Nearly 27% Since Q3 Earnings Release

Barnes Group Inc. (NYSE:B ) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Bill Pitts - Vice President, Investor Relations Thomas Hook - President and CEO Julie Streich - Senior Vice President, Finance and CFO Conference Call Participants Pete Osterland - Truist Lou Raffetto - Wolfe Research Matt Summerville - D. A. Davidson Christopher Glynn - Oppenheimer Operator Hello.

Barnes Group Inc. (B) Q3 2023 Earnings Call Transcript

The headline numbers for Barnes Group (B) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Barnes Group (B) Q3 Earnings

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 2023. “As we work to transform the Barnes portfolio, a significant amount of progress was made in the third quarter. We successfully recapitalized the business and closed on the MB Aerospace acquisition earlier than originally anticipated, accelerating the integratio.

Barnes Reports Third Quarter 2023 Financial Results

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Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Barnes Group (B) and Nordson (NDSN). But which of these two stocks offers value investors a better bang for their buck right now?

B vs. NDSN: Which Stock Should Value Investors Buy Now?

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Barnes Group (B) and Nordson (NDSN). But which of these two companies is the best option for those looking for undervalued stocks?

B or NDSN: Which Is the Better Value Stock Right Now?

Barnes' (B) Aerospace unit extends its agreements with Safran Aircraft Engines related to LEAP and the CFM56 engine programs. This is aimed at catering to the needs of the aviation industry.

Barnes' (B) Aerospace Unit Extends Agreements With Safran

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release third quarter 2023 financial results on Friday, October 27, 2023, before the market opens. Barnes will also host a conference call which will begin at 8:30 a.m. (ET) on that day to discuss the results and the Company's outlook. The public may access the conference through a live audio webcast available on the Investor Relations section of the Barnes website at www.onebarnes.com. The conference is also a.

Barnes Announces Third Quarter 2023 Earnings Conference Call and Webcast

The MB Aerospace acquisition expands Barnes' (B) aerospace business global OEM offerings and aftermarket repair capabilities.

Barnes (B) Closes MB Aerospace Deal, Boosts Aerospace Unit

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced that it has completed its previously announced acquisition of MB Aerospace, a leading provider of precision aero-engine component manufacturing and repair services serving major aerospace and defense engine OEMs, Tier 1 suppliers, and MRO providers. “We're excited to welcome MB Aerospace and its talented workforce to Barnes Aerospace,” said Ian Reason, Senior Vice President, Barnes and President, Barnes Aerospace. “The.

Barnes Completes the Acquisition of MB Aerospace

Barnes Group's stock is overvalued to fairly valued due to concerns around its M&A activity. The company's industrial segment has shown poor growth, leading to a focus on the more dynamic aerospace division. Barnes Group's recent acquisition of MB Aerospace is expensive and carries significant execution risk, raising concerns about future M&A activity.

Barnes Group: Valuation And M&A Concerns After Recent Earnings

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Orders for U.S.-made factory goods are on the rise, which is likely to benefit stocks like A. O. Smith (AOS), Caterpillar Inc. (CAT), Hubbell (HUBB), Applied Industrial Technologies (AIT) and Barnes Group (B).

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Barnes' (B) Q2 results reflect gains from strong performance across all its segments and operating margin expansion.

Barnes (B) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Barnes Group Inc. (NYSE:B ) Q2 2023 Earnings Conference Call July 28, 2023 8:30 AM ET Company Participants Bill Pitts - VP, IR Thomas Hook - President & CEO Julie Streich - SVP, Finance & CFO Conference Call Participants Matt Summerville - D. A. Davidson Christopher Glynn - Oppenheimer Myles Walton - Wolfe Research Michael Ciarmoli - Truist Securities Operator Ladies and gentlemen, good morning, my name is Abby, and I will be your conference operator today.

Barnes Group Inc. (B) Q2 2023 Earnings Call Transcript

The headline numbers for Barnes Group (B) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Barnes Group (B) Reports Q2 Earnings: What Key Metrics Have to Say

Barnes Group (B) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.56 per share a year ago.

Barnes Group (B) Q2 Earnings Beat Estimates

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 second quarter 2023. “Barnes highest priorities remain delivering topline growth and improving operational profitability driven by core business execution and transformational initiatives”, said Thomas J. Hook, President and Chief Executive Officer of Barnes. “During the second qu.

Barnes Reports Second Quarter 2023 Financial Results

Barnes Group (B) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Barnes Group (B) Ahead of Earnings?

Barnes Group (B) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Barnes Group (B) Beat Estimates Again in Its Next Earnings Report?

Barnes (B) stands to gain from strength in its Aerospace and Industrial segments. The company's efforts to reward its shareholders handsomely add to its appeal.

Here's Why Hold Strategy Is Apt for Barnes (B) Stock Right Now

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Investors interested in Manufacturing - General Industrial stocks are likely familiar with Barnes Group (B) and Nordson (NDSN). But which of these two stocks presents investors with the better value opportunity right now?

News for Barnes Group Stock (B)