Carpenter Technology Reports Fourth Quarter and Full Year Fiscal 2015 Results
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Cowen Cuts Price Target on Carpenter Technology (CRS) Following 4Q Results
July 31, 2015 9:02 AM EDTCowen reiterated a Market Perform rating on Carpenter Technology (NYSE: CRS), and cut the price target to $41.00 (from $46.00), following 4Q15 results. Q4 EPS ex items were $0.52 (ex $0.08 of 1x items), slightly above consensus.
Analyst Gautam Khanna commented, "CRS's ongoing cash/margin turnaround... More
Carpenter Technology (CRS) Tops Q4 EPS by 11c
July 30, 2015 7:35 AM EDTCarpenter Technology (NYSE: CRS) reported Q4 EPS of $0.52, $0.11 better than the analyst estimate of $0.41. Revenue for the quarter came in at $558 million versus the consensus estimate of $590.08 million.
Tony Thene, Carpenter's president and chief executive officer, stated: "We are pleased with the progress we have made on... More
