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

Earnings data Q2 2021

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Barnes Group (B) is poised to benefit from strength in Gimatic business, operational excellence initiatives and shareholder-friendly policies.

Here's Why it is Worth Investing in Barnes Group (B) Now

NEEDHAM, Mass.--(BUSINESS WIRE)-- #IDCTracker--Worldwide Telecommunications and Pay TV Services revenues totaled $1.53 trillion in 2020, representing flat year-over-year growth, according to IDC.

Resiliency Re-confirmed: Recovery of Demand in the Second Half of 2020 Helped the Global Telecommunications Market Match the Prior Year's Revenue, According to IDC

Barnes' (B) Q1 earnings declines y/y as pandemic woes lower sales. Margin too weakens in the quarter.

Barnes (B) Beats Q1 Earnings Estimates, Raises Projections

Barnes Group Inc. (B) CEO Patrick Dempsey on Q1 2021 Results - Earnings Call Transcript

Barnes Group (B) delivered earnings and revenue surprises of 22.58% and 11.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Barnes Group (B) Q1 Earnings and Revenues Surpass 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 first quarter of 2021. “Barnes Group delivered a strong first quarter to open 2021 with solid Industrial revenue growth and modest sequential improvement in Aerospace. The additional sales volumes contributed to better than expected operating profit in the quarter and allowed us t

Barnes Group Inc. Reports First Quarter 2021 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 Julie K. Streich to the position of Senior Vice President, Finance and Chief Financial Officer, effective May 3, 2021. “Julie is a proven leader with deep and extensive experience in a variety of multi-billion dollar publicly-traded companies in the energy, consumer services and manufac

Barnes Group Inc. Names Julie K. Streich Senior Vice President, Finance and Chief Financial Officer

On Friday, April 30, Barnes Gr (NYSE:B) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Barnes Gr's Earnings Outlook

We think Barnes Group stock (NYSE: B) may not be a good investment option right now. Barnes Group﻿B﻿ is a provider of highly engineered products, differentiated industrial technologies, and innovative solutions, mainly to the aerospace, transportation, manufacturing, automation, healthcare.

Is Barnes Group Stock A Good Bet At $50?

WINDSOR, Conn.--(BUSINESS WIRE)--Barnes Aerospace, a business unit of Barnes Group Inc. (NYSE: B), today announced that it was awarded a multi-year contract by Northrop Grumman to produce major metallic subassembly for the B-2 Spirit Stealth Bomber Tailpipe Mid/Aft Assembly Full Fleet Replacement Program. The assemblies will be manufactured in Barnes Aerospace's Ogden, Utah facility which has deep expertise in precision exotic metal forming and complex assemblies. Barnes Aerospace has a long-te

Barnes Group Inc. Announces Contract Award From Northrop Grumman for B-2 Spirit Stealth Bomber Exhaust System Assemblies

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 published its 2020 Environmental, Social & Governance (ESG) Report. Since the launch of our first ESG report in 2014, Barnes Group has sought to identify and implement processes, policies, and products that benefit our stakeholders, the environment, and society. “This report documents our

Barnes Group Inc. Publishes 2020 Environmental, Social and Governance Report

We believe Barnes Group stock may not be a very lucrative investment option at the moment. Barnes Group is a provider of highly engineered products, differentiated industrial technologies, and innovative solutions, mainly to the aerospace, transportation, manufacturing, automation, healthcare.

How Has The Slowdown In Aerospace Impacted Barnes Group Stock?

Barnes Group (B) is experiencing softness across its end markets amid the coronavirus outbreak, high debt level and other woes.

Here's Why You Should Avoid Investing in Barnes Group (B) Now

WEST CHESTER, Ohio--(BUSINESS WIRE)--Barnes Aerospace, a business unit of Barnes Group Inc. (NYSE: B), today announced the expansion of its Maintenance, Repair, and Overhaul (“MRO”) facility in West Chester, Ohio at a ribbon cutting ceremony to celebrate the occasion. The West Chester MRO operation specializes in a variety of critical machining functions and extensive inspection applications for the global aviation industry. “While today's aerospace industry continues to be challenged in light

Barnes Aerospace Celebrates Expansion of Its West Chester, Ohio Maintenance, Repair, and Overhaul Facility

BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release first quarter 2021 financial results on Friday, April 30, 2021, before the market opens. Barnes Group 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 Barnes Group's website at www.BGInc.com. The conference is al

Barnes Group Inc. Announces First Quarter 2021 Earnings Conference Call and Webcast

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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 Lukas Hovorka to the position of Senior Vice President, Corporate Development, effective March 1, 2021. “Lukas has been an instrumental part of the ongoing transformation of Barnes Group and the reshaping of our business portfolio. With his promotion, I look forward to further collabora

Barnes Group Inc. Names Lukas Hovorka Senior Vice President, Corporate Development

Barnes Group's (B) fourth-quarter 2020 revenues decline 22% year over year on account of lackluster performance across its segments.

Barnes Group (B) Q4 Earnings & Revenues Surpass Estimates

Barnes Group Inc. (B) CEO Patrick Dempsey on Q4 2020 Results - Earnings Call Transcript

Barnes Group (B) delivered earnings and revenue surprises of 9.09% and 0.85%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Barnes Group (B) Beats Q4 Earnings and Revenue Estimates

Shares of Barnes Group (NYSE:B) fell 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 58.14% over the past year to $0.36, which beat the estimate of $0.33.

Barnes: Q4 Earnings Insights

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 2020. “Barnes Group delivered sequentially improved financial results in the fourth quarter and exceeded the high-end of our adjusted EPS outlook. After the historic disruption of business brought on by the global COVID-19 pandemic, the Company's cost

Barnes Group Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

Barnes Gr (NYSE:B) announces its next round of earnings this Friday, February 19. Here is Benzinga's everything-that-matters guide for this Friday's Q4 earnings announcement.

Preview: Barnes Gr's Earnings

Barnes (B) stands to gain from strength in its Gimatic business, investment in product innovation and shareholder-friendly policies. Weak end markets due to the coronavirus-led issues pose a concern.

Barnes (B) to Gain From Strong Gimatic Business, Headwinds Persist

The detrimental effects of the pandemic crimped the growth story of B, led to the compression of margins, sent the share price sliding. Its Aerospace segment bore the brunt of the recession, as sales cratered even in Q3. The Industrial segment was much stronger, thanks to the exposure to recession-immune end-markets.

News for Barnes Group Stock (B)