Barnes group inc q2 adjusted earnings per share $0.27

Reports second quarter 2020 financial results.q2 adjusted earnings per share $0.27.q2 gaap earnings per share $0.01.q2 sales $236 million versus refinitiv ibes estimate of $240.3 million.q2 earnings per share estimate $0.21 -- refinitiv ibes data.2020 full year outlook remains suspended.oem business will experience lower demand for manufactured products as production cuts at boeing and airbus have been initiated.for q3 of 2020, will continue to be impacted by covid-19 global pandemic.current view is for q3 organic sales to be lower than last year's q3 by about 30%.sees q3 organic sales to be up sequentially from q2 of 2020 by about 6%.q3 operating margin is expected to approximate 10.0%.q3 adjusted earnings per share are anticipated to be in range of $0.22 to $0.32.barnes group -full year 2020 capital expenditures forecast of $40 to $45 million is down slightly from prior view.q3 earnings per share view $0.33 -- refinitiv ibes data.
B Ratings Summary
B Quant Ranking