09:28 AM EDT, 05/01/2024 (MT Newswires) -- Carpenter Technology ( CRS ) reported fiscal Q3 adjusted earnings Wednesday of $1.19 per diluted share, up from $0.38 a year earlier.

Four analysts polled by Capital IQ expected $0.94.

Net sales for the quarter that ended March 31 were $684.9 million, down from $690.1 million a year ago. The analysts surveyed by Capital IQ expected $707.7 million.

The company's shares were up over 5% in recent Wednesday premarket activity.

Price: 90.00, Change: +4.30, Percent Change: +5.02