Earnings Summary

Barnes Group Inc.’s revenue jumped 5.51% since last year same period to $338.98Mn in the Q2 2023. On a quarterly growth basis, Barnes Group Inc. has generated 1.08% jump in its revenue since last 3-months.

Barnes Group Inc.’s net profit jumped 143.87% since last year same period to $17.35Mn in the Q2 2023. On a quarterly growth basis, Barnes Group Inc. has generated 31.86% jump in its net profits since last 3-months.

Barnes Group Inc.’s net profit margin jumped 141.58% since last year same period to 5.12% in the Q2 2023. On a quarterly growth basis, Barnes Group Inc. has generated 30.45% jump in its net profit margins since last 3-months.

Barnes Group Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.48 - a -2.04% fall from last quarter’s estimates.

Barnes Group Inc.’s earning per share (EPS) estimates for the current year stand at 0.48.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Barnes Group Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Barnes Group Inc.’s return on equity (ROE) stands at 0.05.

Barnes Group Inc. declared 0.16 dividend per share during the earnings announcement for Q1 2023.