Barnes Group Inc. (NYSE: B) — a Bristol, Connecticut-based international industrial and aerospace manufacturer and service provider — reported 2021 fourth-quarter sales of $311 million, up 8% from the same period a year before.
For 4Q, Barnes also reported an adjusted EPS of $0.55, up 53% versus the prior-year period. Operating income was $35.4 million versus $32.7 million a year ago, while net income for the fourth quarter was $28.1 million, Barnes said.
For year-end 2021, the company reported sales of $1,259 million, up 12% from 2020, and an adjusted EPS of $1.94, up 18% from 2020. Net income for the year was $99.9 million, or $1.96 per diluted share, compared to $63.4 million, or $1.24 per diluted share during 2020.