Benzinga | Jul 30, 2020 08:19AM EDT

Carpenter Technology Q4 Adj. EPS $(0.31) Beats $(0.35) Estimate, Sales $437.30M Miss $441.85M Estimate

Carpenter Technology (NYSE:CRS) reported quarterly losses of $(0.31) per share which beat the analyst consensus estimate of $(0.35) by 11.43 percent. This is a 131 percent decrease over earnings of $1.00 per share from the same period last year. The company reported quarterly sales of $437.30 million which missed the analyst consensus estimate of $441.85 million by 1.03 percent. This is a 31.82 percent decrease over sales of $641.40 million the same period last year.