Carpenter Technology (CRS) Tops Q1 EPS by 5c
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Carpenter Technology Reports First Quarter Fiscal Year 2022 Results
October 28, 2021 8:00 AM EDTPHILADELPHIA, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal first quarter ended September 30, 2021. For the quarter, the Company reported a net loss of $14.8 million, or $0.31 loss per diluted share. Excluding the special item, adjusted loss per diluted share was $0.28 for the quarter.
Demand patterns across our end-use markets continue to improve as our backlog finished up 25 percent sequentially and 49 percent year-over-year, said Tony R. Thene, President and CEO of Carpenter Technology. We continue to see signs of a broad-based recovery taking hold across... More
