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....

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