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

RTTNews | 376 दिनों पहले
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

टैग: CRS
read more
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 | 649 दिनों पहले
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 | 707 दिनों पहले
FTSE 100 Drifts Lower; Miners Among Notable Losers

FTSE 100 Drifts Lower; Miners Among Notable Losers

The U.K. market is down in negative territory on Monday, weighed down by losses in the mining sector. The mood remains quite cautious amid concerns about global economic growth as several central banks, including the Federal Reserve and the European Central Bank signaling that further interest rate cuts are unlikely in the coming months.
RTTNews | 1घंटे 2 मिनट पहले
CAC 40 Drops To 3-week Low On Widespread Selling

CAC 40 Drops To 3-week Low On Widespread Selling

France's CAC 40 index dropped to a three-week low on Tuesday with investors choosing to trim down positions in riskier assets amid concerns about the potential impact of the government shutdown in the U.S., some hawkish comments from Fed officials and mixed corporate earnings from the region.
RTTNews | 1घंटे 26 मिनट पहले
DAX Down Sharply As Stocks Tumble On Growth Worries

DAX Down Sharply As Stocks Tumble On Growth Worries

The German market is down sharply in negative territory on Tuesday with stocks from across several sectors reeling under pressure as investors react to mixed earnings updates, and weak U.S. manufacturing data and hawkish comments from some Fed officials.
RTTNews | 2घंटे 9 मिनट पहले
Sensex Drops Over 500 Points; Nifty Ends Below 25,600

Sensex Drops Over 500 Points; Nifty Ends Below 25,600

Indian shares ended Tuesday's session lower after three top Federal Reserve officials pushed back against expectations of another interest rate cut in December.
RTTNews | 2घंटे 36 मिनट पहले
Indian Rupee Rises To 5-day High Against U.S. Dollar

Indian Rupee Rises To 5-day High Against U.S. Dollar

The Indian rupee strengthened against the U.S. dollar in the Asian session on Tuesday, in anticipation that the Reserve Bank of India (RBI) has intervened in the currency market to boost the Indian Rupee.
RTTNews | 2घंटे 49 मिनट पहले
Commodity Currency's Slide Amid Risk-Off Sentiment

Commodity Currency's Slide Amid Risk-Off Sentiment

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Tuesday, as Asian stocks traded lower as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.
RTTNews | 3घंटे 14 मिनट पहले