Home Markets Earnings Estimate Forecast on Carpenter Technology Corporation(CRS)

Earnings Estimate Forecast on Carpenter Technology Corporation(CRS)


Carpenter Technology Corporation(CRS): For the most recent quarter end, Carpenter Technology Corporation reported Annual Earnings of $0.15. Based on the filings, last years Annual Earnings was, $1.16. For the most recent quarter end, CRS reported a surprise Earnings per Share of 150% . The consensus estimate for current quarter is $0.31 and for the current fiscal year, the estimate is $0.72. For the Next fiscal year, the estimate is $1.91 based on the consensus. Philadelphia based Carpenter Technology Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 25, 2017.

Carpenter Technology Corporation has received $0.31 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.28 while the top line estimate is $0.33 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 1.67%. Carpenter Technology Corporation reported better than expected with a surprise EPS of 150% or $0.09 during its most recent quarterly earnings. The Actual EPS was $0.15 compared to the Estimated EPS of $0.06. According to the corporate earnings calendar, Carpenter Technology Corporation will release next earnings on Apr 25, 2017 with an estimated EPS consensus of $0.31. Based on the consensus of stock financial advisors the stock has a price target of $38. Current year estimate on EPS consensus is $0.72.

Carpenter Technology Corporation has a Price to Earnings ratio of 57.78 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.72. For the Most Recent Fiscal Year, Carpenter Technology Corporation has a price to cash ratio of 10.34. For the Trailing twelve month period, company showed a Net Profit Margin of -0.47% and Return on Equity of the stock is 2.98%.

Carpenter Technology Corporation last declared its Dividend on Feb 03, 2017. For Dividend Investing Stock Market Traders Carpenter Technology Corporation has a Dividend Yield of 1.73% with an Annual Dividend of $0.72. It has a Payout Ratio of 1 and the change in Dividend payout ratio is 0.59.

Carpenter Technology Corporation Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $0.05. The company had revenue of $427.40 million for the quarter, compared to analysts expectations of $412.50 million. The companys revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Kathryn C Turner (director) sold 8,000 shares at 42.60 per share price.On Aug 3, 2016, Gregory A Pratt (director) sold 10,358 shares at 38.78 per share price.

Carpenter Technology Corporation (NYSE:CRS) rose 2.5% or 1.04 points on Wednesday and made its way into the gainers of the day. After trading began at $41.17 the stock was seen hitting $42.67 as a peak level and $40.7 as the lowest level. The stock ended up at $42.64. The daily volume was measured at 678,124 shares. The 52-week high of the share price is $45.335 and the 52-week low is $27.08. The company has a market cap of $1,992 million.

Carpenter Technology Corporation is a leading manufacturer and distributor of specialty alloys, including stainless steel and titanium, and various engineered products made from metallic and ceramic materials. These products have been used in planes, cars and trucks, electronic equipment, medical devices and instruments, industrial fittings, sporting goods, and oil and gas exploration and processing. Carpenter engineered materials have been used in hundreds of applications from industrial tools to jet engines to fuel injectors and medical implants. Its engineered materials are known for their dependability, strength, toughness, corrosion resistance, and the ability to stay intact in high temperatures.



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