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Carpenter Technology Q1 Adj. EPS Tops Estimates, But Revenues Miss

RTTNews | Před 370 dny

Carpenter Technology Q1 Adj. EPS Tops Estimates, But Revenues Miss

(RTTNews) - Carpenter Technology Corp. (CRS) reported Thursday that net income for the first quarter surged to $84.8 million or $1.67 per share from $43.9 million or $0.88 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter was $1.73 per share, compared to $0.88 per share in the year-ago quarter.

Net sales for the quarter increased 10 percent to $717.6 million from $651.9 million in the same quarter last year. Net sales excluding surcharge were $577.4 million, up 17 percent from $492.8 million last year.

On average, fiver analysts polled by Thomson Reuters expected the company to report earnings of $1.59 per share on revenues of $742.96 million for the quarter. Analysts' estimates typically exclude special items.

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Značky : CRS

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Carpenter Technology Q2 Earnings Meets Estimates

Carpenter Technology Q2 Earnings Meets Estimates

Carpenter Technology Corp. (CRS) reported Thursday that net income for the second quarter soared to $42.7 million or $0.85 per share from $6.2 million or $0.13 per share in the prior-year quarter.

RTTNews | Před 643 dny

Carpenter Technology Promotes Brian Malloy To COO

Carpenter Technology Promotes Brian Malloy To COO

Carpenter Technology Corp. (CRS) announced Tuesday Brian Malloy has been named Senior Vice President and Chief Operating Officer, effective December 4, 2023. He will continue to report directly to Tony Thene, President and Chief Executive Officer.

RTTNews | Před 701 dny

Yen Falls After BoJ Rate Decision

Yen Falls After BoJ Rate Decision

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged, and kept its real growth and inflation outlook more or less unchanged.

RTTNews | Před 9 minutami

French GDP Growth Accelerates Unexpectedly

French GDP Growth Accelerates Unexpectedly

France's economic growth accelerated in the third quarter despite political uncertainty and trade tensions, official data revealed on Thursday. Gross domestic product registered a quarterly growth of 0.5 percent, following a 0.3 percent rise in the second quarter, the statistical office INSEE reported. The growth was expected to ease to 0.2 percent.

RTTNews | Před 25 minutami

Bank Of Japan Keeps Key Rate On Hold

Bank Of Japan Keeps Key Rate On Hold

The Bank of Japan left its interest rate unchanged even as inflation continued to remain above 2 percent, and also left its real growth and inflation outlook more or less unchanged. The policy board of the Bank of Japan decided, by a 7-2 majority vote, to hold the uncollateralized overnight call rate at around 0.5 percent.

RTTNews | Před 1 h 30 min

European Shares Seen Mixed As Trump Lowers China Tariffs

European Shares Seen Mixed As Trump Lowers China Tariffs

European stocks are seen opening on a mixed note Thursday as investors react to Federal Reserve Chair Jerome Powell's hawkish remarks as well as a batch of mixed big tech earnings.

RTTNews | Před 2 h 7 min

Sensex, Nifty Drift Lower In Cautious Trade

Sensex, Nifty Drift Lower In Cautious Trade

Indian shares traded lower on Thursday as investors reacted to hawkish remarks from Fed Chair Jerome Powell and a mixed bag of U.S. tech earnings.

RTTNews | Před 3 h 13 min

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.

RTTNews | Před 3 h 40 min

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