Benzinga | Oct 22, 2020 08:01AM EDT

Carpenter Technology Q1 Adj. EPS $(0.58), Inline, Sales $353.30M Miss $371.00M Estimate

Carpenter Technology (NYSE:CRS) reported quarterly losses of $(0.58) per share which met the analyst consensus estimate. This is a 168.24 percent decrease over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $353.30 million which missed the analyst consensus estimate of $371.00 million by 4.77 percent. This is a 39.65 percent decrease over sales of $585.40 million the same period last year.