BUZZ-Carpenter Technology posts biggest one-day slide in over 4-1/2 yrs on sales miss

** Shares of metal manufacturer Carpenter Technology CRS.N down 11.53% at $185.34, recording biggest one-day slide in over 4-1/2 years at session low of $180.5

** Co reports Q2 net sales of $676.9 mln vs. analysts' estimate of $721 mln, its second straight miss
** Posts Q2 adj profit $1.66 per share, below $1.73 last qtr

** Also raises operating income expectations to the range of $500 million to $520 million, from $460 million to $500 million

** Shares rose ~139.7% in 2024