Carpenter Technology Corp. (CRS) Has Gapped Open Sharply Lower On Q2 Forecast - InvestingChannel

Carpenter Technology Corp. (CRS) Has Gapped Open Sharply Lower On Q2 Forecast

Carpenter technology Corp. (CRS: Quote) announced after the bell Tuesday that it now expects to report second quarter EPS of $0.61 to $0.62. The consensus estimate is for EPS of $0.77.

Carpenter Technology gapped open sharply lower Wednesday and is now down 3.35 at $50.57 on above average volume. The stock has fallen to a 2-week low.

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by RTT Staff Writer

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