Carpenter Technology (CRS) Misses Q1 EPS by 9c, Revenues Beat
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Carpenter Technology Reports First Quarter Fiscal Year 2019 Results
October 24, 2018 8:15 AM EDTEarnings per share of $0.65; solid performance partially offset by annual preventative maintenance shutdowns
Net Sales of $572.4 million; year-over-year revenue gains across all end-use markets
Backlog up 9% sequentially and 38% year-over-year
Continuing to invest in targeted growth areas including additive manufacturing and soft magnetics
PHILADELPHIA, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal first quarter ended September 30, 2018. For the quarter, the Company reported net income of $31.5 million, or $0.65 earnings per diluted... More
