Carpenter Technology (CRS) reported fiscal Q2 adjusted earnings Thursday of $2.33 per diluted share, up from $1.66 a year earlier.

Four analysts polled by FactSet expected $2.22.

Net sales for the quarter ended Dec. 31 were $728 million, compared with $676.9 million a year earlier.

Three analysts surveyed by FactSet expected $690.9 million.

Shares of the company were up 2% in recent Thursday premarket activity.