Carpenter Technology Reports First Quarter Fiscal Year 2019 Results

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Carpenter Technology (CRS) Misses Q1 EPS by 9c, Revenues Beat

October 24, 2018 8:19 AM EDT

Carpenter Technology (NYSE: CRS) reported Q1 EPS of $0.65, $0.09 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $572.4 million versus the consensus estimate of $559 million.

Our first quarter results reflect further execution of our commercial strategy and success in capitalizing on strong market conditions partially offset by our annual preventative maintenance shutdowns at certain key work centers,... More