Carpenter Technology Reports Fourth Quarter Results | Business Wire | #fasteners

Article by · 2011/07/28 ·

* Latrobe acquisition expected to close by September 30, 2011.

WYOMISSING, Pa.–(BUSINESS WIRE)–Carpenter Technology Corporation (NYSE:CRS) today reported net income attributable to Carpenter of $25.5 million or $0.57 per share for the quarter ended June 30, 2011. Costs in the quarter related to the recently announced Latrobe Specialty Metals (Latrobe) acquisition were $2.4 million or $0.04 per diluted share. Excluding these costs, net income attributable to Carpenter was $0.61 per diluted share. This compares to net income attributable to Carpenter of $5.9 million or $0.13 per share for the same quarter a year earlier.

via Carpenter Technology Reports Fourth Quarter Results | Business Wire.