Recap: Barnes Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Barnes Group (NYSE:B) reported its Q1 earnings results on Friday, April 29, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Barnes Gr beat estimated earnings by 2.5%, reporting an EPS of $0.41 versus an estimate of $0.4.

Revenue was up $10.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 1.03% increase in the share price the next day.

Here's a look at Barnes Gr's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.47 0.51 0.43 0.31
EPS Actual 0.55 0.55 0.45 0.38
Revenue Estimate 315.58M 319.31M 304.15M 278.80M
Revenue Actual 311.00M 325.06M 321.16M 301.63M

To track all earnings releases for Barnes Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsBZI-Recaps