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Kaman Corp. Q1 adjusted earnings Beat Estimates

Kaman Corp. (KAMN) announced earnings for its first quarter that advanced from last year.

The company's bottom line came in at $14.07 million, or $0.50 per share. This compares with $6.29 million, or $0.22 per share, in last year's first quarter.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.3% to $463.33 million from $435.94 million last year.

Kaman Corp. earnings at a glance:

-EPS (Q1): $0.55 vs. $0.22 last year.
-Analysts Estimate: $0.46
-Revenue (Q1): $463.33 Mln vs. $435.94 Mln last year.

Full year revenue guidance: $1.110 - $1.160 Bln

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