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
Maternity leave is a temporary period of absence from employment granted to expectant or new mothers during the months immediately before and after their pregnancy. Parental leave, including maternity, paternity and adoption leave, is an employee benefit. Many countries around the world, including... Texas, the second largest state in the U.S., has four of the five fastest-growing cities in the U.S., according to new population estimates released Thursday by the U.S. Census Bureau for the twelve months up to July 1, 2016. Ten of the fifteen fastest growing large U.S. cities during that 12-month span were in the South, according to the Census Bureau. To book-lover's surprise, online retailer Amazon opened another bricks and mortar store in an upmarket shopping mall in New York. This is the seventh book store of Amazon.
comments powered by Disqus
Follow RTT