Kaman Q2 Profit Decreases - Quick Facts

(RTTNews) - Kaman Corp. (KAMN) reported that its second-quarter net earnings decreased to $16.57 million or $0.60 per share, from $17.89 million or $0.67 per share, last year. Earnings per share from continuing operations were $0.59, compared to $0.67, prior year.

Adjusted EBITDA was $36.54 million, compared to $38.91 million, last year.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.60 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $459.09 million from $431.73 million, last year. Analysts expected revenue of $471.25 million for the quarter.