Kaman (KAMN) Scheduled to Post Earnings on Thursday

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Kaman (NYSE:KAMN) is set to post its quarterly earnings results after the market closes on Thursday, November 1st. Analysts expect Kaman to post earnings of $0.64 per share for the quarter.

Kaman (NYSE:KAMN) last announced its earnings results on Wednesday, August 8th. The industrial products company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.08). Kaman had a net margin of 3.20% and a return on equity of 11.70%. The company had revenue of $468.13 million during the quarter, compared to analysts’ expectations of $471.75 million. During the same quarter last year, the business posted $0.48 earnings per share. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, analysts expect Kaman to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of KAMN stock opened at $61.62 on Tuesday. Kaman has a twelve month low of $55.13 and a twelve month high of $75.08. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 23.41 and a beta of 0.69. The company has a current ratio of 2.89, a quick ratio of 1.74 and a debt-to-equity ratio of 0.49.

The business also recently announced a quarterly dividend, which was paid on Thursday, October 4th. Shareholders of record on Tuesday, September 18th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, September 17th. This represents a $0.80 annualized dividend and a dividend yield of 1.30%. Kaman’s dividend payout ratio (DPR) is currently 35.87%.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Kaman from a “sell” rating to a “hold” rating in a research note on Thursday, October 4th. JPMorgan Chase & Co. assumed coverage on Kaman in a research note on Thursday, July 12th. They issued a “neutral” rating and a $75.00 target price on the stock. Finally, ValuEngine downgraded Kaman from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd.

About Kaman

Kaman Corporation operates in the aerospace and distribution markets. It operates through two segments, Distribution and Aerospace. The Distribution segment distributes electro-mechanical products; bearings; and power transmission, motion control, and electrical and fluid power components, as well as offers value-added services.

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Earnings History for Kaman (NYSE:KAMN)

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