Recap: Carpenter Tech Q2 Earnings

Recap: Carpenter Tech Q2 Earnings


Carpenter Tech 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.


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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews