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

RTTNews | 384 дней спустя

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

Тэгов: 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 | 657 дней спустя

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 | 715 дней спустя

Sensex, Nifty Surge On Trade Deal Hopes; IT Stocks Lead Gains

Sensex, Nifty Surge On Trade Deal Hopes; IT Stocks Lead Gains

Indian shares rose notably on Wednesday, with U.S. shutdown resolution and growing optimism over a potential trade deal with the United States boosting sentiment.

RTTNews | 1ч 14мин назад

Yen Falls After Japan PM Takaichi Comments

Yen Falls After Japan PM Takaichi Comments

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.

RTTNews | 2ч 15мин назад

European Shares Climb On Hopes Of US Shutdown Ending

European Shares Climb On Hopes Of US Shutdown Ending

European stocks hit a new record peak on Wednesday as an effort to end the longest-ever U.S. government shutdown headed to a final vote in the House of Representatives.

RTTNews | 2ч 16мин назад

Asian Shares Mixed As Tech Stocks Drag

Asian Shares Mixed As Tech Stocks Drag

Asian stocks ended mixed on Wednesday as concerns persisted about a potential Artificial Intelligence (AI)-driven market bubble and new data added to signs of a weakening U.S. labor market.

RTTNews | 2ч 53мин назад

Yen Falls Against Majors

Yen Falls Against Majors

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

RTTNews | 4ч 18мин назад

European Shares Seen Mostly Higher At Open

European Shares Seen Mostly Higher At Open

European stocks are seen opening broadly higher on Wednesday as traders hope for the end of the longest government shutdown in U.S. history.

RTTNews | 5ч 53мин назад

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