Barnes ( B) posted a solid third quarter and boosted full-year guidance. For the quarter ended Sept. 30, the Bristol, Conn., maker of precision metal components earned $17.4 million, or 70 cents a share, up from the year-ago $9.6 million, or 40 cents a share. Excluding certain gains the latest-quarter profit was 55 cents, 2 cents ahead of the Thomson First Call analyst consensus estimate. Sales rose 11% from a year ago to $271 million, beating the $269 million Thomson estimate. The latest quarter included retroactive tax benefits of multi-year Pioneer Status granted by the Singapore Ministry of Trade and Industry, for the production of aircraft engine components for original equipment manufacturers and the spare parts market. The tax benefits include $1.1 million, or 4 cents a diluted share, for the first half of 2005, and $1.5 million, or 6 cents a share, for the periods prior. A second item is an out-of-period $1.8 million favorable pretax adjustment related to accounts payable. "This marks the 11th consecutive quarter in which Barnes Group has posted double-digit sales growth over the comparable prior year quarter," said CEO Edmund M. Carpenter. "We had a strong third quarter with solid growth in all three business segments, as the organization continues to focus on reducing operational costs and improving after-tax operating results." Barnes guided to full-year earnings of $2.15 to $2.20 a share, ahead of the $2.15 Thomson First Call consensus. Barnes was set to open Monday at $34.34.