PHILADELPHIA (AP) 鈥� PHILADELPHIA (AP) 鈥� Carpenter Technology Corp. (CRS) on Wednesday reported fiscal third-quarter earnings of $139.6 million.
On a per-share basis, the Philadelphia-based company said it had profit of $2.77.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.
The maker of stainless steels and special alloys posted revenue of $811.5 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $784.2 million.
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