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

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Carpenter (CRS) delivered earnings and revenue surprises of 6.90% and -3.48%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Carpenter Technology (CRS) Reports Q3 Loss, Misses Revenue Estimates

PHILADELPHIA, April 29, 2021 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal third quarter ended March 31, 2021. For the quarter, the Company reported a net loss of $40.5 million, or $0.84 loss per diluted share. Excluding special items, adjusted loss per diluted share was $0.54 for the quarter.

Carpenter Technology Reports Third Quarter Fiscal Year 2021 Results

Carpenter (CRS) reported earnings 30 days ago. What's next for the stock?

Why Is Carpenter (CRS) Up 23.2% Since Last Earnings Report?

Carpenter Technology (CRS) reports fiscal second-quarter loss on weak demand amid the coronavirus pandemic. The company expects conditions to improve in the balance of the fiscal.

Carpenter Technology (CRS) Reports Q2 Loss, Shares Down

Carpenter Technology's (CRS) CEO Tony Thene on Q2 2021 Results - Earnings Call Transcript

Shares of Carpenter Tech (NYSE:CRS) decreased 0.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 173.49% over the past year to ($0.61), which beat the estimate of ($0.64).

Carpenter Tech: Q2 Earnings Insights

Generated $84 million of operating cash flow; free cash flow of $51 million

Carpenter Technology Reports Second Quarter Fiscal Year 2021 Results

Freeport-McMoRan

SPDR S&P Metals & Mining ETF

While attention is currently tilted toward sectors like technology, it could be time to consider other sectors such as metals and mining.

Metals and Mining Stocks Gearing Up for Move Higher

Carpenter (CRS) Up 40.4% Since Last Earnings Report: Can It Continue?

Carpenter Technology (CRS) reports a loss in the fiscal first quarter on bleak customer demand due to the coronavirus pandemic. The company anticipates this to continue in the second quarter as well.

Carpenter Technology (CRS) Reports Q1 Loss, Shares Down

Carpenter Technology's (CRS) CEO Tony Thene on Q1 2021 Results - Earnings Call Transcript

PHILADELPHIA, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that Charles “Chuck” D. McLane, Jr., former Executive Vice President and Chief Financial Officer, Alcoa Inc., has been appointed to the Company’s Board of Directors, effective immediately. Mr. McLane replaces Robert R. McMaster, who, as previously announced, retired from the Board at the 2020 Annual Meeting of Stockholders. Mr. McLane will serve on the Audit/Finance Committee and Strategy Committee of the Board of Directors.

Chuck McLane Joins Carpenter Technology’s Board of Directors

Carpenter (CRS) Down 8.4% Since Last Earnings Report: Can It Rebound?

Carpenter Technology (CRS) reports loss in Q4 on soaring operational costs, reduced productivity and bleak customer demand amid the coronavirus pandemic.

Carpenter Technology's (CRS) Loss Narrower Than Expected in Q4

Carpenter Technology Corporation (CRS) CEO Tony Thene on Q4 2020 Results - Earnings Call Transcript

Generated $137 million of operating cash flow; free cash flow of $100 million

Carpenter Technology Reports Fourth Quarter and Fiscal Year 2020 Results

Sunrun

IAA Inc

These stocks all have one thing in common.

Why IAA and Carpenter Technology Stocks Just Popped 10%, but Sunrun Dropped

PHILADELPHIA, July  10, 2020  (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it priced an offering of $400.0 million aggregate principal amount of 6.375% senior unsecured notes due 2028 (the “Notes”) in an underwritten public offering. The Notes were priced at 100.000% of the principal amount with a yield to maturity of 6.375%. The offering is expected to close on July 24, 2020, subject to the satisfaction of customary closing conditions.

Carpenter Technology Corporation Announces Pricing of 6.375% Senior Notes Due 2028

Carpenter Technology (CRS) expects Q4 adjusted loss per share between 30 cents and 38 cents, and adjusted operating loss in between $16 million and $21 million.

Carpenter Technology Q4 Outlook Bleak on Coronavirus Crisis

PHILADELPHIA, July  06, 2020  (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today provided a preliminary outlook for fiscal year 2021 and preliminary results, subject to finalization and audit, for the fourth quarter of fiscal year 2020.

Carpenter Technology Provides Updated Outlook and Continues Actions to Bolster Already Healthy Liquidity Position

AAR CORP.

POSCO

Sandy Spring Bancorp

Is it possible to find value at a time when the NASDAQ-100 is just now backing off of all time highs and where the Schiller p/e for the S&P 500 is a mighty 28.52?

Cheap Stocks: These 4 Trade Below Book, Have Low Debt And Pay Dividends

Amid the COVID-19 pandemic, Carpenter Technology (CRS) is undertaking company-wide actions that will lead to annual savings of $60-$70 million.

Carpenter Technology (CRS) to Retrench 20% of Workforce

Carpenter Technology Corp. CRS, +10.41% said Thursday that it will cut its salaried workforce by 20%, as part of actions made necessary by the business challenges created by the COVID-19 pandemic.

Carpenter Technology to cut its workforce by 20% and furlough other employees

PHILADELPHIA, June  04, 2020  (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced a set of company-wide actions to strengthen performance.  The plan builds upon targeted initiatives previously announced by the Company in conjunction with its fiscal third quarter 2020 results.

News for Carpenter Technology Stock (CRS)