{"schema_version":"secwatch.filing_event.v1","accession":"0000009984-24-000058","form_type":"8-K","ticker":null,"cik":"0000009984","company_name":"BARNES GROUP INC","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.603657+00:00","generated_at":"2026-06-03T07:11:33.360289+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Barnes Group Q1 GAAP EPS $0.04, adjusted EPS $0.38 (-19%); sales up 28% to $431M","bullets":["Aerospace sales +89% to $221M (organic +19%), Industrial sales -4% to $209M.","Adjusted EBITDA margin 18.7%, up 130 bps; adjusted operating margin 11.9%, up 80 bps.","Completed sale of Associated Spring & Hanggi for ~$150M net proceeds to reduce debt.","Updated FY2024 guidance: organic sales growth 5-8%, adjusted EPS $1.62-$1.82.","Net debt/EBITDA 3.62x; refinanced Term Loan B, lowering interest rate by 60 bps."],"urls":{"canonical":"https://secwatch.observer/filing/0000009984-24-000058","json":"https://secwatch.observer/filing/0000009984-24-000058.json","markdown":"https://secwatch.observer/filing/0000009984-24-000058.md","text":"https://secwatch.observer/filing/0000009984-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/9984/000000998424000058/0000009984-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/9984/000000998424000058/b-20240426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:11:33.360289+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b684a893787bd9d825e633f2bda3bbe087df96e5","claim":"BARNES GROUP INC reported the first quarter ended March 31, 2024 results: revenue $431 million, net income $1.9 million, or $0.04 per share, EPS $0.04. Guidance reaffirmed.","evidence_excerpt":"RESULTS Long-term Profitable Growth Strategy Driving a More Aerospace Oriented Business Comparisons are year-over-year unless noted otherwise First Quarter 2024: • Sales of $431 million, up 28%; Organic Sales up 4% • Operating Margin of 9.2%; Adjusted Operating Margin of 11.9%, up 80 bps • Adjusted EBITDA Margin of 18.7%, up 130 bps • GAAP EPS of $0.04; Adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/9984/000000998424000058/0000009984-24-000058-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$431 million"},{"label":"Net income","value":"$1.9 million, or $0.04 per share"},{"label":"EPS","value":"$0.04"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}