logo
Share SHARE
FONT-SIZE Plus   Neg

Kaman Q4 Profit Declines - Quick Facts

Kaman Corp. (KAMN) reported fourth-quarter net income of $9.96 million or $0.38 per share, compared to $14.02 million or $0.53 per share in the year-ago quarter.

Excluding items, adjusted net income for the quarter was $13.93 million or $0.53 per share, down from $20.39 million or $0.77 per share in the comparable quarter last year. On average, six analysts polled by Thomson Reuters expected the company to earn $0.49 per share. Analysts' estimates typically exclude special items.

Net sales for the fourth quarter rose to $378.72 million from $365.12 million a year ago, while five analysts estimated revenue of $394.74 million for the fourth quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The recent week marked the lull before the storm, with very few market moving economic numbers released during the week. However, the economic news flow picks up pace in the upcoming week, offering glimpses into every vehicle of economic growth, ranging from consumers to private sector activity to housing.... Life expectancy at birth in the U.S. is already lower than most other developed nations and is now projected to fall further behind by 2030, according to a new study. It also suggests that by 2030, national female life expectancy in South Korea could break the 90 year barrier. Department store chain J.C. Penney Co. Inc. on Friday reported a turnaround to profit in the fourth quarter as a slight decline in sales was more than offset by lower expenses. Adjusted earnings per share for the quarter beat analysts' expectations, while revenues slightly missed their estimates. Earlier today, J.C. Penny announced a plan to optimize its national retail operations.
comments powered by Disqus
Follow RTT