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 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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Carpenter Technology Corp (CRS) CEO Tony Thene on Q2 2020 Results - Earnings Call Transcript

Carpenter (CRS) delivered earnings and revenue surprises of -4.60% and -0.55%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Carpenter Technology (CRS) Q2 Earnings and Revenues Lag Estimates

PHILADELPHIA, Jan.  24, 2020  (GLOBE NEWSWIRE) -- In a release issued yesterday January 23, 2020 under the same headline by Carpenter Technology Corporation (NYSE:CRS) please note that the ex-dividend date was incorrectly listed as February 2, 2020 but it should be January 31, 2020. The corrected release follows:

CORRECTING and REPLACING -- Carpenter Technology Declares Quarterly Cash Dividend

PHILADELPHIA, Jan.  23, 2020  (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 March 5, 2020, to shareholders of record on February 3, 2020. The ex-dividend date (the date the common stock trades without the dividend) is February 2, 2020.

Carpenter Technology Declares  Quarterly Cash Dividend

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) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Bear Of The Day: Carpenter Technology Corporation (CRS)

Carpenter Technology's (CRS) efforts to strengthen customer relationships, commercial-strategy execution and acquisitions likely to help it to grow further.

Carpenter Technology Up 39% YTD: What's Working in Favor?

ATHENS, Ala., Dec.  04, 2019  (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) today announced the grand opening of its Emerging Technology Center (ETC) in Athens, Alabama.

Carpenter Technology Opens Emerging Technology Center to Offer End-to-End Future Tech Additive Manufacturing Capabilities

Carpenter Technology (CRS) well poised for growth, backed by commercial-strategy execution, and benefits from share gains across end-use markets by strengthening customer relationships.

Carpenter Technology Grows on Acquisitions & End-Market Demand

Fiscal first quarter results were underwhelming, but the underlying growth in the aerospace business remains strong, and SAO segment margins are ramping nicely.

Carpenter Posts A Mixed Quarter, But Business Is Ramping

Carpenter Technology (CRS) displays stellar operating performance in Q1, aided by rich product mix, solid commercial and operating execution, and improved market conditions in key end-use markets.

Carpenter Technology (CRS) Q1 Earnings Miss Estimates, Up Y/Y

Carpenter Technology Corp. (CRS) CEO Tony Thene on Q1 2020 - Earnings Call Transcript

Carpenter (CRS) delivered earnings and revenue surprises of -4.49% and -1.30%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Carpenter Technology (CRS) Q1 Earnings and Revenues Miss Estimates

L. B. Foster

Steel Dynamics

United States Steel

Falling steel prices and softer demand have raised concerns about a possible weak Q3 earnings season for the U.S. steel industry.

US Raw Steel Production Slips, Slumping Prices Raise Red Flag

PHILADELPHIA, Oct.  09, 2019  (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, 2019, to shareholders of record on October 22, 2019. The ex-dividend date (the date the common stock trades without the dividend) is October 21, 2019.

Carpenter Technology Declares Quarterly Cash Dividend.

Nucor

Chinese steel production shot up 9.3% year over year in August on expectations of higher demand following a slowdown in July.

Global Steel Output Up as China Mills Roar Back: What's Next?

Carpenter Technology's (CRS) efforts to strengthen customer relationships, continued execution of its commercial strategy, and acquisitions are likely to help it to grow further.

Carpenter Technology Surges 48% YTD: What's Driving the Rally?

Gerdau

Universal Stainless & Alloy Products

Shares of several companies operating in the steel and metal fabrication industry are trading lower amid heightened U.S.

3 Steel Companies Investors Should Consider

Is Carpenter Technology Holdings (CRS) a great pick from the value investor's perspective right now? Read on to know more.

Is Carpenter Technology (CRS) A Great Pick for Value Investors?

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

Why Is Carpenter (CRS) Up 6.3% Since Last Earnings Report?

Commercial Metals

Chinese steel production growth eased in July as a result of output cuts by steel mills in the country to curb pollution.

Global Steel Output Growth Eases as China Production Cools

Carpenter Technology Corp (NYSE:CRS) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019.

Carpenter Technology Corp (CRS) Files 10-K for the Fiscal Year Ended on June 30, 2019

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Carpenter Technology (CRS) Stock Undervalued Right Now?

Carpenter Technology (CRS) is benefitting from strong demand across key end-use markets and continued execution of its commercial strategy.

Carpenter Technology Rides on Solid Markets & Acquisitions

Carpenter Technology's (CRS) fourth-quarter performance marked its strongest quarterly operating income performance since fiscal 2013.

News for Carpenter Technology Stock (CRS)