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

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Carpenter Technology Reports Third Quarter Fiscal Year 2019 Results

April 25, 2019 8:02 AM EDT

Reported earnings per share of $1.05

Net Sales of $610 million; sequential and year-over-year revenue growth across key end-use markets

Backlog up 9% sequentially and 44% year-over-year

Athens facility received four additional qualifications

PHILADELPHIA, April 25, 2019 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal third quarter ended March 31, 2019. For the quarter, the Company reported net income of $51.1 million, or $1.05 earnings per diluted share. The reported results included an $11.4 million, or $0.18 per share,... More