A.M. Castle (CAS) – 2Q Misses Badly; Inventory Reductions Planned Through 2H – Thoughts from the 2Q Conference Call

August 6, 2012 Posted by Steel Market Intelligence

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A.M. Castle (CAS) reported a 2Q loss of $(0.13)/share, which adjusted to a profit of $0.11/share after non-recurring items, well short of the Street’s $0.29 and 1Q’s clean $0.29/share. The sequential drop was driven by… more

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