Kaman Corp reports results for the quarter ended in December - Earnings Summary

Kaman

23/02/2024 03:07

* Kaman Corp  KAMN.N  reported quarterly adjusted earnings
of 12
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 42
cents.  The mean expectation of three analysts for the quarter
was for earnings of 14 cents per share. Wall Street expected
results to range from 12 cents to 17 cents per share.
    * Revenue rose 3% to $203.12 million from a year ago;
analysts
expected $195.77 million. 
    * Kaman Corp's reported EPS for the quarter was 7 cents​.
    * The company reported quarterly net income of $2 million.
    * Kaman Corp shares had risen by 90.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is  "hold."

Wall Street's median 12-month price target for Kaman Corp is
$46.00 
This summary was machine generated from LSEG data February 23 at
03:06 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.14           0.12           Missed
 Sep. 30 2023      0.08           0.10           Beat
 Jun. 30 2023      0.08           0.22           Beat
 Mar. 31 2023      0.02           0.08           Beat