On Friday 25th October 2024, Barnes Group (NYSE: B) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $0.39 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $380.31 million for this quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.6 billion. Additionally, they are expecting the company to achieve a per share profit of $1.61 for the fiscal year 2024.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.19. This notable figure was achieved due to the company's impressive total revenue of $360.99 million recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.37 | -36.2% | 382.23 M | +12.8% |
| Q1 2024 | $0.38 | -19.1% | 430.64 M | +28.4% |
| Q4 2023 | $0.41 | -21.2% | 415.54 M | +32.6% |
| Q3 2023 | $0.19 | -61.2% | 360.99 M | +14.7% |
| Q2 2023 | $0.58 | +3.6% | 338.98 M | +5.5% |
| *Growth on year-over-year basis | ||||
The organization has scheduled a conference call on 25th October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Barnes Group (B) shares trading between $46.62 and $46.69, besides a volume of 271.80 thousand shares. The stock closed Wednesday's regular trading session at $46.67, showing 0.09 percent upturn.
