Equities Analysts Decrease Earnings Estimates for Barnes Group Inc. (B)
Barnes Group Inc. (NYSE:B) – Equities researchers at DA Davidson dropped their Q2 2019 earnings per share (EPS) estimates for shares of Barnes Group in a research report issued to clients and investors on Monday, April 29th. DA Davidson analyst M. Summerville now forecasts that the industrial products company will post earnings per share of $0.78 for the quarter, down from their prior forecast of $0.82. DA Davidson currently has a “Neutral” rating and a $56.00 target price on the stock. DA Davidson also issued estimates for Barnes Group’s Q3 2019 earnings at $0.83 EPS, Q4 2019 earnings at $0.88 EPS, Q1 2020 earnings at $0.83 EPS, Q2 2020 earnings at $0.87 EPS and Q3 2020 earnings at $0.90 EPS.