Feb. 2 at 5:38 PM
$CRS beats EPS estimates but misses on revenue — what's the play here? 🤔
$CRS reported Q2 EPS of
$2.33, surpassing the Zacks Consensus Estimate of
$2.20, driven by product mix improvements and operating efficiencies. However, revenues slightly missed expectations at
$728 million versus the
$729 million estimate.
Full breakdown here 👉 https://www.zacks.com/stock/news/2827353/carpenter-technology-q2-earnings-beat-estimates-revenues-rise-8-yy?cid=sm-stocktwits-2-2827353-body-31575&ADID=SYND_STOCKTWITS_TWEET_2_2827353_BODY_31575