Earnings Preview: Barnes Gr

Barnes Gr (NYSE:B) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Barnes Gr will report an earnings per share (EPS) of $0.39.

Investors in Barnes Gr are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

During the last quarter, the company reported an EPS missed by $0.03, leading to a 0.0% drop in the share price on the subsequent day.

Here's a look at Barnes Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.40

0.36

0.35

0.48

EPS Actual

0.37

0.38

0.41

0.19

Price Change %

-2.0%

-4.0%

-0.0%

-33.0%

Stock Performance

Shares of Barnes Gr were trading at $46.67 as of October 23. Over the last 52-week period, shares are up 131.98%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Barnes Gr

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Barnes Gr.

Analysts have provided Barnes Gr with 4 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $46.25, suggesting a potential 0.9% downside.

Understanding Analyst Ratings ...