08:22 AM EDT, 04/26/2024 (MT Newswires) -- Barnes Group ( B ) reported Q1 adjusted earnings Friday of $0.38 per diluted share, compared with $0.47 a year earlier.

Four analysts surveyed by Capital IQ expected $0.36.

Net sales for the quarter ended March 31 was $430.6 million, compared with $335.4 million a year earlier. Four analysts surveyed by Capital IQ expected $428.2 million

The company raised its guidance for full-year 2024 adjusted EPS to a range of $1.62 to $1.82 from the previous guidance of $1.55 to $1.80. Four analysts surveyed by Capital IQ are expecting $1.70.

Barnes Group's ( B ) shares were down 1% in recent premarket activity.

Price: 35.55, Change: -0.36, Percent Change: -1.00