Benzinga | Apr 29, 2021 08:24AM EDT

Carpenter Technology Q3 Adj. EPS $(0.54) Beats $(0.57) Estimate, Sales $351.90M Miss $368.43M Estimate

Carpenter Technology (NYSE:CRS) reported quarterly losses of $(0.54) per share which beat the analyst consensus estimate of $(0.57) by 5.26 percent. This is a 165.85 percent decrease over earnings of $0.82 per share from the same period last year. The company reported quarterly sales of $351.90 million which missed the analyst consensus estimate of $368.43 million by 4.49 percent. This is a 39.89 percent decrease over sales of $585.40 million the same period last year.