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Kaman Corp. Q2 adjusted earnings Miss Estimates

Kaman Corp. (KAMN) released a profit for its second quarter that increased from last year.

The company's profit totaled $15.19 million, or $0.53 per share. This compares with $13.46 million, or $0.48 per share, in last year's second quarter.

Excluding items, Kaman Corp. reported adjusted earnings of $15.42 million or $0.54 per share for the period.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $468.13 million from $449.01 million last year.

Kaman Corp. earnings at a glance:

-Earnings (Q2): $15.42 Mln. vs. . last year.
-Analysts Estimate: $0.62
-Revenue (Q2): $468.13 Mln vs. $449.01 Mln last year.

Full year revenue guidance: $1135 - 1170 Mln

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