Barnes (B)

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Barnes Reports Fourth Quarter and Full Year 2023 Financial Results
Businesswire· 2024-02-16 11:30
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 fourth quarter and full year 2023. "Barnes has made meaningful progress executing our business transformation and long-term profitable growth strategy. We delivered full year organic sales growth in our Aerospace business, and the acquisition of MB Aerospace further enhances our capabilitie ...
What Analyst Projections for Key Metrics Reveal About Barnes Group (B) Q4 Earnings
Zacks Investment Research· 2024-02-13 15:16
In its upcoming report, Barnes Group (B) is predicted by Wall Street analysts to post quarterly earnings of $0.35 per share, reflecting a decline of 32.7% compared to the same period last year. Revenues are forecasted to be $419.75 million, representing a year-over-year increase of 33.9%.The consensus EPS estimate for the quarter has been revised 1.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates duri ...
Barnes Declares Quarterly Dividend
Businesswire· 2024-02-09 15:18
BRISTOL, Conn.--(BUSINESS WIRE)--The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a quarterly cash dividend of sixteen cents ($0.16) per share. The dividend will be payable March 8, 2024, to shareholders of record at the close of business on February 22, 2024. Barnes and its predecessor companies have paid a cash dividend to stockholders on a continuous basis since 1934. About Barnes Barnes Group Inc. (NYSE: B) leverages world-class manufacturing capabilities and market-leading engineer ...
Barnes (B) to Sell Spring & Hanggi Units to One Equity Partners
Zacks Investment Research· 2024-01-12 14:47
Barnes Group Inc. (B) recently entered into an agreement with One Equity Partners for the divestment of its Associated Spring and Hänggi businesses. The deal, valued at $175 million, includes a $15 million seller promissory note set to mature in two years. Barnes expects to utilize the net cash proceeds from the transaction, worth $150 million, to reduce the debt incurred from the MB Aerospace buyout in August 2023.The company’s shares increased 4.5% yesterday, ending the trading session at $31.77.Based in ...
Barnes Announces Sale of Associated Spring™ and Hänggi™ Businesses as Part of Continued Portfolio Optimization and Long-term Profitable Growth Strategy
Businesswire· 2024-01-11 11:00
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced that it has entered into a definitive agreement to sell its Associated Spring™ and Hänggi™ businesses to One Equity Partners. The transaction is valued at $175 million, inclusive of a $15 million seller promissory note due in 24 months. Expected net cash proceeds of $150 million will be used to reduce debt incurred fr ...
Barnes (B) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-4801 BARNES GROUP INC. (Exact name of registrant as specified in its charter) Delaware 06-0247840 (State or other jurisdiction ...
Barnes (B) - 2023 Q3 - Earnings Call Transcript
2023-10-27 18:19
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. And welcome to the Barnes Third Quarter 2023 Earnings Conference Call and Webcast. All lines have been ...
Barnes (B) - 2023 Q3 - Earnings Call Presentation
2023-10-27 18:16
Third Quarter 2023 Earnings Release Supplement October 27, 2023 The data in this package should be read in conjunction with Barnes Group Inc.’s earnings release and periodic filings with the SEC. Safe Harbor Statement & Non-GAAP Measures THIS PRESENTATION CONTAINS FORWARD-LOOKING STATEMENTS ...
Barnes (B) - 2023 Q2 - Earnings Call Presentation
2023-08-10 08:07
Barnes Unlocking Value Through Execution Safe Harbor Statement and Non-GAAP Measures This Presentation Contains Forward-looking Statements ...
Barnes (B) - 2023 Q2 - Quarterly Report
2023-07-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-4801 BARNES GROUP INC. (Exact name of registrant as specified in its charter) Delaware 06-0247840 (State or other jurisdiction of i ...