Carpenter Technology (CRS) Misses Q1 EPS by 13c
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Carpenter Technology Reports First Quarter Fiscal Year 2023 Results
October 27, 2022 8:00 AM EDTFirst Quarter Highlights
Backlog up 10% sequentially and 155% year-over-yearNet sales up 35% year-over-year; net sales excluding surcharge up 20% year-over-yearEarnings per share of ($0.14) improved from earnings per share of ($0.31) in prior year period
PHILADELPHIA, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal first quarter ended September 30, 2022. For the quarter, the Company reported a net loss of $6.9 million, or $0.14 loss per diluted share.
Demand in each of our end-use markets remains... More
