Carpenter Tech Q1 Adj. EPS $3.25 Beats $3.14 Estimate, Sales $798.200M Miss $830.771M Estimate

Carpenter Tech (NYSE:CRS) reported quarterly earnings of $3.25 per share which beat the analyst consensus estimate of $3.14 by 3.5 percent. This is a 33.74 percent increase over earnings of $2.43 per share from the same period last year. The company reported quarterly sales of $798.200 million which missed the analyst consensus estimate of $830.771 million by 3.92 percent. This is a 8.79 percent increase over sales of $733.700 million the same period last year.