Carpenter Technology Reports Second Quarter Fiscal Year 2019 Results

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Carpenter Technology (CRS) Tops Q2 EPS by 7c, Revenues Beat

January 31, 2019 8:05 AM EST

Carpenter Technology (NYSE: CRS) reported Q2 EPS of $0.73, $0.07 better than the analyst estimate of $0.66. Revenue for the quarter came in at $556.5 million versus the consensus estimate of $555.33 million.

Our quarter results mark our best second quarter performance since fiscal year 2013 as solid commercial execution and market demand patterns drove strong financial results, said Tony Thene, Carpenter Technologys President and CEO. Our broad market diversity and solutions-focused... More