Benzinga | Jan 28, 2021 08:15AM EST

Carpenter Technology Q2 Adj. EPS $(0.61) Beats $(0.64) Estimate, Sales $348.80M Miss $362.79M Estimate

Carpenter Technology (NYSE:CRS) reported quarterly losses of $(0.61) per share which beat the analyst consensus estimate of $(0.64) by 4.69 percent. This is a 173.49 percent decrease over earnings of $0.83 per share from the same period last year. The company reported quarterly sales of $348.80 million which missed the analyst consensus estimate of $362.79 million by 3.86 percent. This is a 39.13 percent decrease over sales of $573.00 million the same period last year.