Carpenter Technology (CRS) Misses Q2 EPS by 1c, Revenue Beats

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Carpenter Technology Reports Second Quarter Fiscal Year 2023 Results

January 26, 2023 8:01 AM EST

Second Quarter Highlights

Reported earnings per share of $0.13 improved from loss per share of $0.61 in prior year period Net sales up 46% year-over-year; Net sales excluding surcharge up 34% year-over-year Backlog up 9% sequentially and 107% year-over-year

PHILADELPHIA, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the Company) today announced financial results for the fiscal second quarter ended December 31, 2022. For the quarter, the Company reported net income of $6.2 million,... More