Carpenter: Carpenter Technology Corporation Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2024

Carpenter Technology Corporation reported earnings results for the second quarter and six months ended December 31, 2024. For the second quarter, the company reported sales was USD 676.9 million compared to USD 624.2 million a year ago. Net income was USD 84.1 million compared to USD 42.7 million a year ago. Basic earnings per share from continuing operations was USD 1.68 compared to USD 0.86 a year ago. Diluted earnings per share from continuing operations was USD 1.66 compared to USD 0.85 a year ago. For the six months, sales was USD 1,394.5 million compared to USD 1,276.1 million a year ago. Net income was USD 168.9 million compared to USD 86.6 million a year ago. Basic earnings per share from continuing operations was USD 3.37 compared to USD 1.75 a year ago. Diluted earnings per share from continuing operations was USD 3.33 compared to USD 1.73 a year ago.