Wednesday, May 9, 2007

UPDATE 1-Barnes Group Q1 profit up, raises 2007 earnings view

(Reuters) - Revenue from the aerospace division rose 36 percent to $91.2 million on strong growth in original equipment manufacturer and aftermarket sales.

First-quarter earnings rose to $27.7 million, or 50 cents a share, from $18.5 million, or 36 cents a share in the year-ago quarter. Analysts were looking for a profit of 40 cents a share in the latest quarter, according to Reuters Estimates.


Read more at Reuters.com Market News

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