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Kaman posts 4Q profit

BLOOMFIELD, Conn. (AP) _ Kaman Corp. (KAMN) on Tuesday reported fourth-quarter profit of $13.8 million.

The Bloomfield, Connecticut-based company said it had profit of 49 cents per share. Earnings, adjusted for pretax expenses and non-recurring costs, were 86 cents per share.

The industrial distribution aircraft components company posted revenue of $473.9 million in the period.

For the year, the company reported profit of $49.8 million, or $1.75 per share. Revenue was nearly unchanged at $1.81 billion.

Kaman shares have risen 6 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $62.44, a rise of 20 percent in the last 12 months.


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