Carpenter Technology (CRS) Tops Q4 EPS by 4c
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Carpenter Technology Reports Fourth Quarter and Fiscal Year 2020 Results
July 30, 2020 8:00 AM EDTGenerated $137 million of operating cash flow; free cash flow of $100 million
Total liquidity of $417 million including $193 million of cash on hand
Executed portfolio and cost initiatives expected to deliver $60-$70 million in annual cost savings
PHILADELPHIA, July 30, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal fourth quarter and year ended June 30, 2020. For the quarter, the Company reported a net loss of $118.4 million, or $2.46 loss per diluted share. Excluding special items, adjusted... More
