Carpenter Technology (CRS) Tops Q3 EPS by 3c
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Carpenter Technology Reports Third Quarter Fiscal Year 2021 Results
April 29, 2021 8:00 AM EDTPHILADELPHIA, April 29, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal third quarter ended March 31, 2021. For the quarter, the Company reported a net loss of $40.5 million, or $0.84 loss per diluted share. Excluding special items, adjusted loss per diluted share was $0.54 for the quarter.
Our third quarter results were in-line with our expectations as we continue to weather near-term volume headwinds, as we had anticipated, said Tony R. Thene, President and CEO of Carpenter Technology. While current conditions remain challenging, we have recently completed multiple contract extensions in the... More
