Kaman Q4 EPS $0.12 Misses $0.14 Estimate, Sales $203.10M Beat $195.77M Estimate

2/22/24 5:05:27 PM ET

Military/Government/Technical

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Kaman (NYSE:KAMN) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.14 by 14.29 percent. This is a 71.43 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $203.10 million which beat the analyst consensus estimate of $195.77 million by 3.74 percent. This is a 3.02 percent increase over sales of $197.14 million the same period last year.

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Recent Analyst Ratings for
$KAMN

Date	Price Target	Rating	Analyst
11/2/2022		Overweight → Sector Weight	KeyBanc Capital Markets
10/31/2022	$45.00 → $37.00	Underweight	JP Morgan
2/28/2022	$59.00 → $52.00	Overweight	Keybanc
6/23/2021	$65.00 → $59.00	Overweight	Keybanc

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Shoals Technologies Group Appoints Niharika Taskar Ramdev to Its Board of Directors
PORTLAND, Tenn., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (NASDAQ:SHLS), a global leader in electrical balance of systems (EBOS) solutions for the energy transition market, today announced that its Board of Directors has appointed Niharika Taskar Ramdev to the Board, effective August 9, 2024. The Board also appointed Ms. Ramdev to be a member of the Audit Committee of the Board. Ms. Ramdev replaces Peter Wilver, who resigned from the Board of Directors as of August 9, 2024. Shoals thanks Mr. Wilver for his service to the Company and its stockholders. "We are grateful to Pete for his outstanding contribution to Shoals and are excited to welcome Niharika to the Boar
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Kaman Delivers New K-MAX® to Black Tusk Helicopter Inc.
Kaman Corp. (NYSE:KAMN) ("Kaman" or the "Company") announced it delivered a new medium-to-heavy lift K‑MAX® helicopter to Black Tusk Helicopter Inc. of Squamish, BC, Canada. Black Tusk performs various external lift projects of every scale, ranging from aerial timber harvesting, ski tower setting, firefighting, and hydroelectric projects. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240424256620/en/The K-MAX ® aircraft is the second helicopter to be added to Black Tusk's fleet located in British Columbia, Canada. (Photo courtesy of Kaman) "Black Tusk is a highly respected operator, and we appreciate the confidence Black Tusk h
4/24/24 4:05:00 PM ET
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Arcline Completes Acquisition of Kaman
Kaman Corporation ("Kaman" or the "Company") today announced the completion of its acquisition by Arcline Investment Management, L.P. ("Arcline") in an all-cash transaction with a total enterprise value of approximately $1.8 billion. The transaction was previously announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024. With the completion of the transaction, Kaman shareholders will receive $46.00 per share in cash. Kaman's common stock has ceased trading and will be delisted from the New York Stock Exchange. "We are thrilled to announce the completion of this value-maximizing transaction with Arcline and are proud to have delivered an outcome that is in
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Kaman Reports Fourth Quarter and Full Year 2023 Results
Fourth Quarter 2023 Highlights: Net sales: $203.1 million Operating income: $12.0 million Net earnings: $2.0 million Adjusted EBITDA*: $25.6 million; Adjusted EBITDA margin*: 12.6% Diluted earnings per share: $0.07 per share, $0.12 per share adjusted* Full Year 2023 Highlights: Net sales: $775.9 million Operating income: $49.1 million Net earnings: $7.9 million Adjusted EBITDA*: $106.7 million; Adjusted EBITDA margin*: 13.7% Diluted earnings per share: $0.28 per share, $0.49 per share adjusted* Kaman Corp. (NYSE:KAMN) ("Kaman" or "the Company") today reported financial results for the fourth fiscal quarter and full year ended December 31, 2023. Table 1
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Kaman Board of Directors Declares Dividend
(NYSE:KAMN) The Kaman Corporation board of directors declared a regular quarterly dividend of 20 cents per common share. The dividend will be paid on April 11, 2024, to shareholders of record on March 19, 2024. About Kaman Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets. Kaman produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; proprietary spring energized seals, springs and contacts; wheels, brakes and related hydraulic components for helicopters, fixed-wing and UAV aircraft; complex
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Kaman Board of Directors Declares Dividend
(NYSE:KAMN) The Kaman Corporation board of directors declared a regular quarterly dividend of 20 cents per common share. The dividend will be paid on January 11, 2024, to shareholders of record on December 19, 2023. About Kaman Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets. Kaman produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; proprietary spring energized seals, springs and contacts; wheels, brakes and related hydraulic components for helicopters, fixed-wing and UAV aircraft; com
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Shoals Technologies Group Appoints Niharika Taskar Ramdev to Its Board of Directors
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Cohen & Steers Set to Join S&P SmallCap 600
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Kaman Appoints Carroll K. Lane President of Its Air Vehicles and Precision Products Divisions
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Kaman Q4 EPS $0.12 Misses $0.14 Estimate, Sales $203.10M Beat $195.77M Estimate

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Cohen & Steers To Join S&P SmallCap 600, Replacing Kaman, Effective Prior To Opening Of Trading On April 23

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