BARNES GROUP INC
SymbolB

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Barnes Group Inc. Reports Third Quarter 2009 Financial Results

2009-10-30 06:30 ET - News Release

  • Revenues of $260.3 million for the third quarter 2009
  • Third quarter 2009 diluted EPS of $0.20, including restructuring charges
  • Year-to-date 2009 cash from operating activities improved 51% from the prior year period
  • Debt-to-Capital ratio improved to 35% as debt declined 23% from year-end 2008 to $360.7 million


BRISTOL, Conn. -- (Business Wire)

Barnes Group Inc. (NYSE: B), a diversified global manufacturer and logistical services company, today reported financial results for the third quarter 2009. The Company reported income from continuing operations of $10.9 million, or $0.20 per diluted share, compared to $29.2 million, or $0.52 per diluted share in the prior year period. Included in the third quarter 2009 results are $3.4 million pre-tax ($1.7 million after-tax) of restructuring charges. Barnes Group’s third quarter 2009 sales totaled $260.3 million, down 22 percent from $333.8 million in the third quarter of 2008.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.