Kaman: 4Q Earnings Snapshot

Associated Press
Updated 1 min read
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BLOOMFIELD, Conn. (AP) _ Kaman Corp. (KAMN) on Monday reported fourth-quarter net income of $39.5 million.

On a per-share basis, the Bloomfield, Connecticut-based company said it had net income of $1.41. Earnings, adjusted for one-time gains and costs, came to 80 cents per share.

The industrial distribution aircraft components company posted revenue of $237.8 million in the period.

For the year, the company reported profit of $209.8 million, or $7.47 per share. Revenue was reported as $761.6 million.

Kaman expects full-year revenue in the range of $860 million to $880 million.

Kaman shares have dropped roughly 6% since the beginning of the year. In the final minutes of trading on Monday, shares hit $62.09, a drop of 2% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KAMN at https://www.zacks.com/ap/KAMN

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