Carpenter Technology (CRS) Tops Q4 EPS by 1c

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Carpenter Technology Reports Fourth Quarter and Full Year Fiscal 2016 Results

July 28, 2016 7:05 AM EDT

Fourth Quarter Highlights

Reported earnings per share of $0.32; Excluding special items, adjusted earnings per share of $0.35Continued Specialty Alloys Operations (SAO) margin growth sequentially and year-over-yearCash Provided from Operations of $120 million; Free Cash Flow of $83 million

Full Year Highlights

Reported earnings per share of $0.23; Excluding special items, adjusted earnings per share of $1.16Margins supported by continued execution of operating model and cost reduction plansCash Provided from Operations of $257 million; Free Cash Flow totaled $139 millionRepurchased $124... More