Kaman Q4 Profit Declines - Quick Facts

(RTTNews) - Kaman Corp. (KAMN) Thursday reported fourth-quarter net earnings of $12.88 million or $0.47 per share, compared to $14.16 million or $0.53 per share last year.

Adjusted net earnings were $14.95 million or $0.55 per share, down from $16.39 million or $0.61 per share in the previous year quarter. On average, 8 analysts polled by Thomson Reuters expected the company to earn $0.59 per share. Analysts' estimates typically exclude special items.

Net sales for the quarter grew to $438.34 million from $399.32 million last year, while six analysts expected revenues of $445.23 million.