Carpenter Technology Reports Third Quarter Fiscal Year 2019 Results

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Carpenter Technology (CRS) Tops Q3 EPS by 22c, Revenues Beat

April 25, 2019 8:05 AM EDT

Carpenter Technology (NYSE: CRS) reported Q3 EPS of $1.05, $0.22 better than the analyst estimate of $0.83. Revenue for the quarter came in at $609.9 million versus the consensus estimate of $585.08 million.

Reported earnings per share of $1.05Net Sales of $610 million; sequential and year-over-year revenue growth across key end-use marketsBacklog up 9% sequentially and 44% year-over-yearAthens facility received four additional qualifications

Our third quarter results reflect the continued momentum we are driving across our core business as we delivered our... More