Carpenter Technology (CRS) Tops Q3 EPS by 5c

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Carpenter Technology Reports Third Quarter Fiscal Year 2020 Results

April 30, 2020 7:59 AM EDT

Earnings per diluted share of $0.82

Results significantly impacted by COVID-19

Action plan implemented to safeguard employees and customers against COVID-19

Initiated actions to maintain solid balance sheet and preserve liquidity

PHILADELPHIA, April 30, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal third quarter ended March 31, 2020. For the quarter, the Company reported net income of $39.9 million, or $0.82 earnings per diluted share.Our third quarter results reflected solid... More