BLOOMFIELD, Conn. (AP) — BLOOMFIELD, Conn. (AP) — Kaman Corp. (KAMN) on Thursday reported a fourth-quarter loss of $54.9 million, after reporting a profit in the same period a year earlier.
The Bloomfield, Connecticut-based company said it had a loss of $1.96 per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 42 cents per share.
The industrial distribution aircraft components company posted revenue of $197.1 million in the period.
For the year, the company reported a loss of $46.2 million, or $1.65 per share, swinging to a loss in the period. Revenue was reported as $688 million.
Kaman expects full-year earnings in the range of 30 cents to 57 cents per share, with revenue in the range of $730 million to $750 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KAMN at https://www.zacks.com/ap/KAMN
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