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Stock impact report

Carpenter Technology Reports Third Quarter Fiscal Year 2020 Results

Carpenter Technology Corporation (CRS) 
Last carpenter technology corporation earnings: 4/30 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.cartech.com
Company Research Source: GlobeNewswire
Earnings per diluted share of $0.82 Results significantly impacted by COVID-19 Action plan implemented to safeguard employees and customers against COVID-19 Initiated actions to maintain solid balance sheet and preserve liquidity PHILADELPHIA, April 30, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal third quarter ended March 31, 2020. For the quarter, the Company reported net income of $39.9 million, or $0.82 earnings per diluted share.“Our third quarter results reflected solid execution in a challenging environment due to the impact of the 737 MAX production halt as well as the COVID-19 pandemic,” said Tony. R. Thene, President and CEO of Carpenter Technology. “Our performance speaks largely to the dedication of our employees who have responded to an unprecedented situation with a focused commitment to delivering for our customers while also adopting enhanced safety measures. In response to Show less Read more
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