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Carpenter Technology Corp Lowers FY 2013 EPS Guidance; Reaffirms FY 2013 EBIT Guidance-Conference Call

Friday, 26 Apr 2013 07:22am EDT 

Carpenter Technology Corp announced that for fiscal 2013, it expects earnings to be lower than previously forecasted and the Company is still targeting low double digit growth in operating income, on an adjusted basis versus prior year. The Company reported EBIT of $211.30 million in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.01 and EBIT of $269.02 million for fiscal 2013. 

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