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

RTTNews | il y a 382

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.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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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 | il y a 655

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 | il y a 713

CAC 40 Rises 1.3% On Prospects Of An End To US Government Shutdown

CAC 40 Rises 1.3% On Prospects Of An End To US Government Shutdown

French stocks have gained significant ground in positive territory on Monday amid prospects of an end to the US government shutdown.

RTTNews | il y a 1h 13min

DAX Up Sharply As Stocks Rally On Hopes Of An End To U.S. Government Shutdown

DAX Up Sharply As Stocks Rally On Hopes Of An End To U.S. Government Shutdown

German stocks are up firmly in positive territory on Monday, rebounding strongly after falling to multi-week lows in the previous session. The mood is quite bullish today following the United States moving a step closer towards ending the historic government shutdown.

RTTNews | il y a 1h 54min

Eurozone Sentix Investor Sentiment Weakens

Eurozone Sentix Investor Sentiment Weakens

Eurozone investor confidence weakened in November as the economy struggles to emerge from the slump, survey results from the behavioral research institute Sentix showed on Monday. The investor confidence index fell unexpectedly to -7.4 in November from -5.4 in October. The score was forecast to improve to -3.9.

RTTNews | il y a 2h 41min

Sensex, Nifty Snap Three-day Losing Streak

Sensex, Nifty Snap Three-day Losing Streak

Indian shares closed higher on Monday to snap a three-day losing streak after the U.S. Senate voted 60-40 to end the longest-running government shutdown, which entered its 40th day on Sunday.

RTTNews | il y a 3h 2min

European Shares Surge On Prospect Of End To US Shutdown

European Shares Surge On Prospect Of End To US Shutdown

European shares were sharply higher on Monday after the United States moved one step closer towards ending the historic government shutdown.

RTTNews | il y a 4h 30min

Asian Shares Climb As US Senate Passes Bill To End Shutdown

Asian Shares Climb As US Senate Passes Bill To End Shutdown

Asian stocks advanced on Monday after the U.S. Senate voted 60-40 to end the longest-running government shutdown, which entered its 40th day on Sunday.

RTTNews | il y a 4h 50min

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