Barnes Group Inc.

NYSE:B  
45.60
-0.13 (-0.28%)
4:00:00 PM EDT: $45.46 -0.14 (-0.31%)
Other Pre-Announcement

Barnes Group Inc - Introduces 2025 Financial Targets And Updates 2021 Full-Year Outlook

Published: 12/14/2021 12:28 GMT
Barnes Group Inc. (B) - Introduces 2025 Financial Targets and Updates 2021 Full-year Outlook.
Sees 2025 Organic Sales 7% to 9% Cagr.
Sees 2025 Adjusted Operating Margin 15% to 17%.
Sees FY 2021 Adjusted Earnings per Share Forecast Remaining in Range of $1.83 to $1.93.
Sees 2025 Adjusted EPS Double-digit Cagr.
Now Expect Full Year 2021 Revenues to Be Up About 12% Over Prior Year.
Expects to Finish 2021 at Low End of Adjusted EPS Forecast Range.
FY2021 Earnings per Share View $1.89 -- Refinitiv Ibes Data (analyst estimates).
FY2021 Revenue View $1.27 Billion -- Refinitiv Ibes Data (analyst estimates).