CRS News and Press, Carpenter Technology Corporation From 10/22/20

Carpenter Technology ([[CRS]] -0.8%) adjusted operating margin slipped to -10.1% in Q1 2021, down from 12.3% a year ago.That's tell the adjusted operating loss of $48.8M, reflecting the impact of lower volume due to challenging conditions in the Aerospace and Defense and Medical end-use marke...

Carpenter Technology (CRS): Q1 Non-GAAP EPS of -$0.58 misses by $0.02; GAAP EPS of -$0.98 misses by $0.40.Revenue of $353.3M (-39.6% Y/Y) misses by $17.7M.Press Release For further details see: Carpenter Technology EPS misses by $0.02, misses on revenue

Generated $88 million of operating cash flow; free cash flow of $63 million Total liquidity of $613 million including $219 million of cash on hand PHILADELPHIA, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS...

Carpenter Technology (NYSE:CRS) is scheduled to announce Q1 earnings results on Thursday, October 22nd, before market open.The consensus EPS Estimate is -$0.56 and the consensus Revenue Estimate is $371M (-36.6% Y/Y).Over the last 2 years, CRS has beaten EPS estimates 88% of the time and has ...

PHILADELPHIA, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Charles “Chuck” D. McLane, Jr., former Executive Vice President and Chief Financial Officer, Alcoa Inc., has been appointed to the Company’s Board of Direct...

There's really not much good news in the world of specialty alloys, particularly as recoveries in end-markets like aerospace, power gen, and oil/gas look like multiyear events. For companies like Universal Stainless & Alloy Products ( USAP ), Allegheny ( ATI ), and Carpenter ( CRS ),...

Allegheny Technologies ( ATI -4.5% ) and Carpenter Technology ( CRS -7.2% ) are plunging after Cowen downgraded both to Market Perform from Outperform, seeing a tough aerospace transition ahead with excessive inventory and spot pricing under pressure. More news on: Allegheny Tech...

Unlike short-cycle industrials, where the Street freaked out in March and then bid the stocks back up to about 90% of where they started the year (or even above, in the case of a few names like Rockwell ( ROK )), companies with primary exposure to the aerospace industry have been knocked dow...

Carpenter Technology Corporation (CRS) Q4 2020 Earnings Conference Call July 30, 2020 10:00 AM ET Company Participants Brad Edwards - Investor Relations Tony Thene - President and Chief Executive Officer Timothy Lain - Vice President and Chief Financial Officer Conference Call...

The following slide deck was published by Carpenter Technology Corporation in conjunction with their 2020 Q4 earnings Read more ...