Barnes Group's Q3 Earnings Miss Estimates, Sales Rise Y/Y

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 ...