UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | |-------|-----------------------------------------------------------------------------|----------------------------------------------------------------------|- ...

Barnes Group Inc. (B) reported adjusted earnings of 9 cents per share in third-quarter 2024, which missed the Zacks Consensus Estimate of 39 cents. The metric decreased 52% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Inside the HeadlinesTotal sales of $388 million beat the Zacks Consensus Estimate of $373 million. The top line increased 7% year over year, with organic sales growth of 4%.Barnes Group reports sales under two heads, namely Industrial and Aerospace. A ...

Barnes Group (B) reported $387.79 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 7.4%. EPS of $0.09 for the same period compares to $0.19 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $372.66 million, representing a surprise of +4.06%. The company delivered an EPS surprise of -76.92%, with the consensus EPS estimate being $0.39. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Barnes Group (B) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -76.92%. A quarter ago, it was expected that this aerospace and industrial parts supplier would post earnings of $0.39 per share when it actually produced earnings of $0.37, delivering a surprise of -5.13%.Over the last ...

Exhibit 99.1 Barnes 860.583.7070 | info@onebarnes.com onebarnes.com BARNES REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Strong Aerospace Aftermarket Drives Top-line Growth Comparisons are year-over-year unless noted otherwise Third Quarter 2024: • Sales of $388 million, up 7%; Organic Sales up 4% • Operating Margin of 10.8%; Adjusted Operating Margin of 12.3%, up 150 bps • Adjusted EBITDA Margin of 19.8%, up 140 bps • GAAP EPS of -$0.04; Adjusted EPS of $0.09, down 52% October 25, 2024 BRISTOL, Conn., - Bar ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of IMMR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a parti ...

Barnes Group Inc. (B) recently entered into an agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (APO) . The all-cash deal is valued at $3.6 billion.Based in the United States, Apollo Global focuses on investments across credit, private equity, infrastructure, secondaries and real estate markets. The firm targets private and public markets with diverse private equity strategies, including buyouts, distressed assets and corporate restructuring.Per the deal, Barnes shar ...

NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Barnes Group Inc. (NYSE: B) and its board of directors concerning the proposed acquisition of the company by affiliates of Apollo Global Management, Inc. (NYSE: APO). Stockholders will receive $47.50 for each share of Barnes Group stock that they hold. The transaction is valued at approximately $3.6 billion and is expected to close in the first quarter of 2025.If you are a stockholder of Barnes Gro ...

SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced that it is investigating claims on behalf The Barnes Group Inc (NYSE: B) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Apollo Global Management. On October 7, 2024, Barnes Group officially announced its acceptance of an acquisition proposal from Apollo Global Management, whereby shareholders will receive $47.50 per share via an all ...

MONSEY, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Barnes Group, Inc. (NYSE: B) (“Barnes”) to Apollo Global Management (“Apollo”) for $47.50 per share in cash. The sale price is below the “takeover price” of $55.00 per share that Wall Street analyst Christopher Glynn of Oppenheimer recently characterized as “reasonable” based on Barnes' estimated 2025 EBITDA (source: StreetInsider.com), and below the price target for Barn ...