Kaman Corp. (KAMN) to Release Quarterly Earnings on Tuesday
Kaman Corp. (NASDAQ:KAMN) is scheduled to be announcing its Q114 earnings results on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $397.30 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Kaman Corp. (NASDAQ:KAMN) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.55 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.04. The company had revenue of $438.30 million for the quarter, compared to the consensus estimate of $445.23 million. During the same quarter in the prior year, the company posted $0.61 earnings per share. The company’s quarterly revenue was up 9.8% on a year-over-year basis. On average, analysts expect Kaman Corp. to post $2.48 EPS for the current fiscal year and $2.89 EPS for the next fiscal year.
Kaman Corp. (NASDAQ:KAMN) opened at 39.79 on Monday. Kaman Corp. has a 1-year low of $32.16 and a 1-year high of $42.28. The stock has a 50-day moving average of $40.74 and a 200-day moving average of $39.18. The company has a market cap of $1.083 billion and a P/E ratio of 19.18.
On the ratings front, analysts at Drexel Hamilton upgraded shares of Kaman Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday, March 11th. They now have a $46.00 price target on the stock, up previously from $40.00.
Kaman Corporation conducts business in the aerospace and distribution markets. The Company operates in two business segments: Distribution and Aerospace.
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