Carpenter Tech Q4 2024 Adj EPS $1.82 Beats $1.51 Estimate, Sales $798.700M Beat $763.750M Estimate
Portfolio Pulse from Benzinga Newsdesk
Carpenter Technology Corporation (CRS) reported its Q4 2024 results, with adjusted EPS of $1.82, beating the estimate of $1.51. Sales were $798.7 million, surpassing the expected $763.75 million.
July 25, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Carpenter Technology Corporation (CRS) reported strong Q4 2024 results, with adjusted EPS of $1.82 beating the estimate of $1.51 and sales of $798.7 million surpassing the expected $763.75 million.
The company's better-than-expected earnings and revenue figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100