Analysts Estimate Barnes Group (B) to Report a Decline in Earnings: What to Look Out for

Core Insights - The market anticipates a year-over-year decline in earnings for Barnes Group, with expected earnings of $0.35 per share, reflecting a decrease of 25.5% [2] - Revenue is projected to increase by 26.8% year-over-year to $425.32 million [2] - The upcoming earnings report is crucial for stock price movement, with potential increases if results exceed expectations and declines if they fall short [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [2] - The Most Accurate Estimate for Barnes Group is lower than the consensus, resulting in an Earnings ESP of -4.35%, suggesting a bearish outlook from analysts [5] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [4] - Barnes Group currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [5][6] Historical Performance - In the last reported quarter, Barnes Group exceeded the expected earnings of $0.35 per share by delivering $0.41, resulting in a surprise of +17.14% [7] - Over the past four quarters, the company has beaten consensus EPS estimates three times [7] Conclusion - Despite the potential for an earnings beat, Barnes Group does not appear to be a compelling candidate for exceeding expectations based on current estimates and rankings [8]