Carpenter Tech (NYSE:CRS) reported its Q2 earnings results on Wednesday, February 2, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Carpenter Tech beat estimated earnings by 6.45%, reporting an EPS of $-0.58 versus an estimate of $-0.62, which did not surprise analysts.
Revenue was up $47.20 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 1.94% drop in the share price the next day.
Here's a look at Carpenter Tech's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.50 | -0.57 | -0.64 |
| EPS Actual | -0.28 | -0.28 | -0.54 | -0.61 |
| Revenue Estimate | 420.42M | 372.81M | 368.43M | 362.79M |
| Revenue Actual | 387.60M | 421.60M | 351.90M | 348.80M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
