Profitelligence Profitelligence · Filing Ledger Open B research →

Form 8-K · Current Report · Filed 2024-04-26

Barnes Group Reports Q1 2024 Financial Results with Higher Sales and Margins

Barnes Group Inc. reported a 28% increase in Q1 2024 sales, driven by organic growth and acquisition-related gains. The company saw a significant rise in operating income and margins, and while adjusted EBITDA margin increased, adjusted EPS declined due to various charges. The company also updated its 2024 outlook with expected sales growth and adjusted EBITDA margins. Financial statements and reconciliations of non-GAAP measures were furnished as exhibits.

Filer
B B
Filed
Accession
0000009984-24-000058
CIK
0000756894
Signal
Medium impact

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$17.08

Next session

+1.4%

Since filing

+115.0%

Latest close

$36.73

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from B reporting the same item, with the next session's move:

Exhibits (1)

Never miss another B filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts