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 second quarter 2023 financial results on Friday, July 28, 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 ava.

Barnes Announces Second Quarter 2023 Earnings Conference Call and Webcast

Barnes Group Inc. has been struggling in recent years. The company has made a massive bet on growing its better performing aerospace segment. I like the move, but leverage is high, and the past performance is not inspiring, leaving me cautious about Barnes Group here.

Barnes Group: Something To Prove After Greater Focus On Aerospace

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

Barnes (B) to Acquire MB Aerospace, Boost OEM Offerings

Barnes Group Inc. B, +4.78% on Monday announced plans to buy Motherwell, U.K.-based component maker MB Aerospace in a deal valued at about $740 million. The deal is expected to close in the fourth quarter.

Barnes Group buying MB Aerospace in $740 mln deal

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced that it has entered into a definitive agreement to acquire MB Aerospace (“MB”). MB Aerospace is 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 for an enterprise value of approximately $740 million. The transaction is expected to close in the fourth quarter of 2023, subject to the receipt of regu.

Barnes to Acquire MB Aerospace

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Industrial production is showing signs of a rebound, which is likely to help stocks like Caterpillar Inc. (CAT), Graco Inc. (GGG), Barnes Group Inc. (B) and Ingersoll Rand Inc. (IR).

4 Solid Stocks to Buy on a Rebound in Industrial Production

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RBC Bearings Inc

Investors interested in Manufacturing - General Industrial stocks are likely familiar with Barnes Group (B) and RBC Bearings (RBC). But which of these two stocks is more attractive to value investors?

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

Barnes' (B) Q1 results benefit from higher organic sales despite foreign currency woes. The company raises its earnings guidance for 2023.

Barnes (B) Shares Up Nearly 6% Since Q1 Earnings Release

Barnes Group, Inc. (B) Q1 2023 Earnings Call Transcript.

Barnes Group, Inc. (B) Q1 2023 Earnings Call Transcript

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 first quarter 2023. “Our ‘Top line, Bottom line, Pipeline' focus is delivering improved financial performance with solid orders, organic sales growth, and improved adjusted operating margin in the first quarter,” said Thomas J. Hook, President and Chief Executive Officer of Barnes.

Barnes Reports First Quarter 2023 Financial Results

Atlas Copco AB

Investors interested in Manufacturing - General Industrial stocks are likely familiar with Barnes Group (B) and Atlas Copco AB (ATLKY). But which of these two stocks offers value investors a better bang for their buck right now?

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

Barnes Group (B) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Barnes Group (B) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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Industrial production has been rebounding over the past couple of months, which is likely to help stocks like Hubbell Incorporated (HUBB), Barnes Group Inc. (B), Flowserve Corporation (FLS) and Ingersoll Rand Inc. (IR).

4 Stocks to Buy on Rebound in Industrial Production in March

Barnes (B) is backed by healthy aftermarket business in the Aerospace segment. Its shareholder-friendly measures are also encouraging.

Here's Why Barnes (B) Shares Rise More Than 25% in 6 Months

Barnes Group is a company dedicated to the manufacture of highly complex engineering equipment and systems. I am quite optimistic about the priorities to drive value creation reported in the last report. Barnes expects to consolidate its industrial business segment.

Barnes: Business Transformation, Beneficial Guidance, And Cheap

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release first quarter 2023 financial results on Thursday, April 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.

Barnes Announces First Quarter 2023 Earnings Conference Call and Webcast

Barnes (B) benefits from its Healthy aftermarket business and debt reduction efforts. Its shareholder-friendly measures are also encouraging.

Here's Why It is Worth Retaining Barnes (B) Stock Now

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Barnes Group's (B) Q4 results reflect higher sales in Aerospace. However, adjusted operating margins decreased 20 basis points due to inflationary headwinds, increasing interest rates and supply-chain challenges.

Barnes Group (B) Q4 Earnings Surpass, Revenues Miss Mark

Barnes Group Inc. (NYSE:B ) Q4 2022 Earnings Conference Call February 17, 2023 8:30 AM ET Company Participants Bill Pitts - Vice President, Investor Relations Thomas Hook - President and Chief Executive Officer Julie Streich - Senior Vice President, Finance and Chief Financial Officer Conference Call Participants Pete Osterland - Truist Securities Matt Summerville - D. A. Davidson & Co. Christopher Glynn - Oppenheimer Myles Walton - Wolfe Research Operator Good morning.

Barnes Group Inc. (B) Q4 2022 Earnings Call Transcript

Barnes Group (B) delivered earnings and revenue surprises of 8.33% and 2.36%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Barnes Group (B) Surpasses Q4 Earnings 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 fourth quarter and full year 2022. “Our intense emphasis on delivering core business execution across Barnes remains a key focus.

Barnes Reports Fourth Quarter and Full Year 2022 Financial Results

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced the appointment of Neal J. Keating to the Company's Board of Directors, effective February 9, 2023. Mr. Keating has also been appointed to the Company's Corporate Governance Committee. “We are pleased to welcome Neal to our Board of Directors,” said Thomas O.

News for Barnes Group Stock (B)