Carpenter Technology (CRS) Misses Q2 EPS by 4c

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Carpenter Technology Reports Second Quarter Fiscal Year 2020 Results

January 30, 2020 8:01 AM EST

12th Consecutive Quarter of Year-over-Year Earnings Growth

Record Second Quarter Operating Income at Specialty Alloys Operations (SAO)

Aerospace and Defense and Medical End-Use Markets Sales Up Double Digits Year-over-Year

PHILADELPHIA, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal second quarter ended December 31, 2019. For the quarter, the Company reported net income of $38.8 million, or $0.79 earnings per diluted share. Excluding special items, adjusted earnings per diluted share was $0.83 in the quarter.

Our second quarter results... More