Kaman Corporation (NYSE:KAMN) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, KAMN to report 3Q20 income of $ 0.49 per share.
For the full year, analysts anticipate top line of $ 782.25 million, while looking forward to income of $ 1.98 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 860.00 million ~ $ 880.00 million
Click Here For More Historical Outlooks Of Kaman Corporation
Previous Quarter Performance
Kaman Corporation announced income for the second quarter of $ 0.36 per share, from the revenue of $ 177.89 million. The quarterly earnings elevated 125.00 percent while revenues swell 1.82 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.25 per share from $ 165.10 million in revenue. The bottom line results beat street analysts by $ 0.11 or 44.00 percent, at the same time, top line results outshined analysts by $ 12.79 million or 7.75 percent.
Stock Performance
Shares of Kaman Corporation traded up $ 1.90 or 4.48 percent on Tuesday, reaching $ 44.31 with volume of 162.30 thousand shares. Kaman Corporation has traded high as $ 44.60 and has cracked $ 42.80 on the downward trend
According to the previous trading day, closing price of $ 44.31, representing a 44.35 % increase from the 52 week low of $ 29.38 and a 37.85 % decrease over the 52 week high of $ 68.24.
The company has a market capital of $ 1.23 billion and is part of the Industrials sector and Aerospace & Defense industry.
Recent Stock Dividend Announcement
On August 4, 2020, the board of directors authorized quarterly dividend of $ 0.20 per share to holders of record as of the close of business on September 15, 2020, with payment date of October 8, 2020 and ex-dividend date on September 14, 2020.
Kaman Corporation operates in the aerospace and distribution markets. The company operates through two segments, Distribution and Aerospace. The Distribution segment distributes electro-mechanical products; bearings; and power transmission, motion control, and electrical and fluid power components, as well as offers value-added services.
