Carpenter Technology (CRS) Tops Q4 EPS by 22c
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Carpenter Technology Reports Fourth Quarter and Fiscal Year 2021 Results
July 29, 2021 8:00 AM EDTPHILADELPHIA, July 29, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal fourth quarter and year ended June 30, 2021. For the quarter, the Company reported a net loss of $57.1 million, or $1.18 loss per diluted share. Excluding special items, adjusted loss per diluted share was $0.28 for the quarter.
Our fourth quarter results finished ahead of our expectations as overall end-use market conditions showed further signs of recovery. We continued to actively manage our business, said Tony R. Thene, President and CEO of Carpenter Technology. We generated $43... More
