Carpenter: Fiscal Q2 Earnings Snapshot

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Carpenter Technology Corp. (CRS) on Thursday reported fiscal second-quarter earnings of $84.1 million.

On a per-share basis, the Philadelphia-based company said it had profit of $1.66.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share.

The maker of stainless steels and special alloys posted revenue of $676.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $708.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRS at https://www.zacks.com/ap/CRS

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