Get ready to mark your calendars because the much anticipated first quarter financial results of Carpenter Technology Corporation (NYSE: CRS) are set to be unveiled on Thursday 24th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.
According to financial analysts on Wall Street, the enterprise is likely to announce an estimated per share $1.59 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $742.96 million during this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $3.07 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $6.64 during the fiscal year.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.88. This was a direct result of the company's total revenue, which amounted to an impressive $651.9 million during that specific period.
The business has scheduled a conference call on 24th October 2024 at 10:00 AM eastern time to discuss Q1 financial results.
Throughout Tuesday's trading, Carpenter Technology Corporation (CRS) shares fluctuated between $155.13 and $158.21, with a trading volume of 485.60 thousand shares. The stock ended the regular trading session at $155.91, demonstrating fall of 1.69 percent.