Carpenter Technology's earnings double in qtr.
Oct 24, 2005 | 10:22 AM
Carpenter Technology Corp.'s net income more than doubled to $40.1 million in its fiscal first quarter on sales that increased 16.3 percent to a record $346 million compared with the same period last year.CARPENTER TECHNOLOGY CORP.(in thousands except per share) 200520041st qtr. ended Sept. 30Net sales$346,000$297,600Net income40,10019,800Per share1.540.80Operating earnings in the three months ended Sept. 30 jumped 78 percent to $63.7 million from $35.7 million a year earlier. The Wyomissing, Pa.,-based specialty metals producer said the results reflected robust aerospace....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.