Carpenter Technology (CRS) Misses Q2 EPS by 1c

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Carpenter Technology Reports Second Quarter Results

February 4, 2016 7:00 AM EST

Reported earnings per share $0.23; Adjusted for special items $0.24 per share

Stable margin performance driven by focus on premium alloys and operating efficiency

Positive Free Cash Flow of $2 million, up $67 million compared to prior year

Repurchased $50 million of common stock during the quarter

WYOMISSING, Pa., Feb. 04, 2016 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) today announced financial results for the quarter ended December 31, 2015.

Our fiscal 2016 second quarter results reflect our efforts to effectively manage our business... More