Kaman beats 2Q profit forecasts

Resource from: Kaman Likes:168

Jul 31,2015

BLOOMFIELD, Conn. (AP) _ Kaman Corp. (KAMN) on Thursday reported second-quarter net income of $21.7 million. On a per-share basis, the Bloomfield, Connecticut-based company said it had net income of 77 cents. Earnings, adjusted for pretax gains, came to 63 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. The industrial distribution aircraft components company posted revenue of $446.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $468.1 million. Kaman shares have fallen slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $40.01, a drop of roughly 2 percent in the last 12 months.

(Kaman)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous Zero-Max Load Adaptors Connect Pump Impellers in Underwater Applications
Next Aug 17 Bearing Steel Price in Different Regions of China

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.