said full-year earnings will probably fall short of Wall Street estimates, citing "current market conditions."
Barnes, the 147-year-old Connecticut manufacturer that trades under "B" on the
New York Stock Exchange
, expects to earn between $1.60 and $1.65 a share for the year.
Analysts surveyed by Thomson First Call were forecasting earnings of $1.80 a share for the year.
The stock fell $1.83, or 6.8%, to $25.19.