|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||33.03 - 33.63|
|52 Week Range||29.60 - 50.34|
|Beta (5Y Monthly)||1.17|
|PE Ratio (TTM)||19.03|
|Earnings Date||Apr 28, 2022 - May 02, 2022|
|Forward Dividend & Yield||0.64 (1.89%)|
|Ex-Dividend Date||Aug 24, 2022|
|1y Target Est||41.00|
Barnes Group's (B) Q2 results reflect higher sales in Aerospace. However, B lowers the adjusted operating margin forecast due to the lackluster performance of the Industrial segment.
Shares in engineering products company Barnes Group (NYSE: B) fell more than 8% by midday today. Barnes sells into two main end markets: industrial (healthcare, automation, mobility, packaging, and advanced packaging) and aerospace (commercial and military).
BRISTOL, Conn., July 29, 2022--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financial results for the second quarter of 2022.