Carpenter Technology

Carpenter Technology Corp. engages in the manufacturing, fabrication, and distribution of specialty metals. It operates through the Specialty Alloys Operations and Performance Engineered Products segments. The Specialty Alloys Operations segment is composed of its major premium alloy and stainless-steel manufacturing operations. The Performance Engineered Products segment includes the Dynamet titanium, Carpenter Additive, and the Latrobe and Mexico distribution businesses. The company was founded by James Carpenter in 1889 and is headquartered in Philadelphia, PA.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

CRS reports strong Q1 performance, eyes fiscal year 2019 targets

CRS delivered strong financial performance, particularly in the SAO and PEP segments, and outlined a positive outlook for the future. However, potential challenges in capacity, workforce training, and pricing require careful management. The company has opportunities to capitalize on the positive market outlook and achieve its operating income targets.

Carpenter Technology reports strong Q2 performance and aims for pre-pandemic levels

Carpenter Technology's Q2 2023 earnings call showcased solid performance, highlighting growth in key sectors and a positive outlook for the future. While facing challenges in cash flow management and market dynamics, the company remains focused on achieving pre-pandemic operating income levels by the end of 2023.

Carpenter Technology (CRS) reports robust Q3 performance and eyes growth opportunities

Carpenter Technology (CRS) demonstrated strong performance in Q3 2023, driven by demand in key end-use markets and operational efficiency.
While facing challenges in free cash flow, the company aims to enhance liquidity and achieve targeted operating income run rates.
Opportunities lie in future performance outlook, credit facility expansion, and market demand growth, positioning the company for potential success.
Investors can look forward to the upcoming Investor Day event on May 16 for further insights into Carpenter Technology's strategic direction.

Carpenter Technology surpasses pre-pandemic profits, eyes aerospace growth

Carpenter Technology delivered strong financial results, surpassing pre-pandemic levels and demonstrating operational excellence.
The company's market leadership in titanium, semiconductor, and consumer electronics presents growth opportunities.
Challenges in managing segments and market dynamics require strategic focus for sustained success.
Overall, Carpenter Technology's performance, strengths, and opportunities position it well for future growth and profitability.

Carpenter Technology reports Q1 growth, eyes doubling income by 2027

Carpenter Technology's Q1 2024 performance showed growth in operating income and strong margins.
The company is focused on long-term goals of doubling operating income by FY 2027.
Challenges include balancing growth targets with equipment protection and supply security.
Opportunities lie in strong demand outlook, price increases, and productivity gains.

Carpenter Technology reports strong Q2 earnings, eyes doubling income by 2027

Carpenter Technology's Q2 2024 showcased strong performance in key sectors, with a focus on growth in aerospace, medical markets, and long-term profitability goals. Challenges in the PEP segment highlight areas for improvement, while opportunities lie in doubling operating income by 2027.

Carpenter Technology reports record Q3 performance and raises guidance

Carpenter Technology's Q3 earnings call highlighted exceptional financial performance, exceeding expectations across key metrics. The company's strong free cash flow generation and optimistic outlook for the fourth quarter underscore its growth potential. Despite challenges in certain markets, Carpenter Technology remains focused on value creation and shareholder returns.

Carpenter Technology achieves record Q4 results, eyes sustained growth

Carpenter Technology's Q4 2024 performance exceeded expectations, driven by robust sales and operating income.
The company is well-positioned to capitalize on opportunities with a strong cash balance and share repurchase program.
Challenges include evolving contract structures and stringent capacity expansion requirements.
Overall, Carpenter Technology anticipates continued growth in a favorable demand environment.

Carpenter Technology excels in Q1 2025, raises outlook amid market dynamics

Carpenter Technology's Q1 2025 earnings call showcased robust financial performance, with a focus on safety, productivity, and product mix optimization. Despite challenges in certain end-use markets, the company is well-positioned for growth with a positive outlook and strategic initiatives in place.

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Investors need to pay close attention to Carpenter Technology (CRS) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Carpenter Technology (CRS) Stock?

Carpenter (CRS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Carpenter (CRS) Might be Well Poised for a Surge

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CRS' Q1 top line reflects the impacts of a year-over-year increase in shipment volume in the quarter.

Carpenter Technology Q1 Earnings & Revenues Top Estimates, Rise Y/Y

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Carpenter Technology Corporation (NYSE:CRS ) Q1 2025 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants John Huyette - VP of IR Tony Thene - President and CEO Tim Lain - SVP and CFO Conference Call Participants Gautam Khanna - TD Cowen Josh Sullivan - The Benchmark Company Scott Deuschle - Deutsche Bank Andre Madrid - BTIG Phil Gibbs - KeyBanc Capital Markets Scott Deuschle - Deutsche Bank Operator Good day, and welcome to the Carpenter Technology Fiscal First Quarter 2025 Earnings Conference Call. All participants will be in the listen-only mode [Operator Instructions] After today's presentation, there will be an opportunity to ask questions.

Carpenter Technology Corporation (CRS) Q1 2025 Earnings Call Transcript

Carpenter Technology (CRS) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $0.88 per share a year ago.

Carpenter Technology (CRS) Tops Q1 Earnings and Revenue Estimates

Delivered Record First Quarter Operating Income Exceeded First Quarter Operating Income Guidance for Specialty Alloys Operations Segment Expanded Operating Margins in Specialty Alloys Operations Segment Generated Positive Adjusted Free Cash Flow Repurchased Shares Against Authorized Share Repurchase Program Strengthening FY25 Outlook

Carpenter Technology Reports First Quarter Fiscal Year 2025 Results

Here is how Carpenter Technology (CRS) and Centamin (CELTF) have performed compared to their sector so far this year.

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BRFS, PGR, and CRS made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 23, 2024.

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CRS's first-quarter fiscal 2025 results are likely to reflect the impacts of solid end-market demand, offset by supply-chain challenges.

Carpenter Technology Gears up to Report Q1 Earnings: What's in Store?

Carpenter (CRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Carpenter Technology (CRS) Reports Next Week: Wall Street Expects Earnings Growth

From a technical perspective, Carpenter Technology (CRS) is looking like an interesting pick, as it just reached a key level of support. CRS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Carpenter Technology (CRS) Just Flashed Golden Cross Signal: Do You Buy?

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PHILADELPHIA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Howard Yu has been appointed to the Company's Board of Directors, effective October 9, 2024.

Howard Yu Joins Carpenter Technology's Board of Directors

PHILADELPHIA, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common stock, payable December 5, 2024, to shareholders of record on October 22, 2024.

Carpenter Technology Declares Quarterly Cash Dividend

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PHILADELPHIA, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Thursday, October 24, 2024 at 10:00 a.m. ET to discuss the results of operations for the first quarter of fiscal year 2025, ended September 30, 2024. The call and webcast will follow the release of first quarter fiscal 2025 financial results before the market opens on Thursday, October 24, 2024.

Carpenter Technology Announces Conference Call and Webcast

Carpenter (CRS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Carpenter (CRS) Beat Estimates Again in Its Next Earnings Report?

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News for Carpenter Technology Stock (CRS)