Carpenter Technology Corporation (CRS) reported earnings of $1.19 per share for third-quarter fiscal 2024, surpassing the Zacks Consensus Estimate of 94 cents. The bottom line marked a solid improvement of 213% from the adjusted earnings of 38 cents per share in the year-ago quarter. Despite a decline in revenues due to lower volumes, CRS achieved this earnings improvement courtesy of improved productivity, product mix optimization and pricing actions.Including special items, earnings were 12 cents per shar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-5828 CARPENTER TECHNOLOGY CORPORATION (Exact name of Registrant as specified in its Charter) Delaware 23-0458500 ...

Carpenter Technology Corporation (NYSE:CRS) Q3 2024 Earnings Call Transcript May 1, 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 Michael Leshock - KeyBanc Capital Markets Operator Good morning, and welcome to the Carpenter Technology Corporation Third Quarter 2024 Fiscal Conference Call. All participants will be in listen-only mode. [Operator Inst ...

• Leverage core strength in engineered materials and process capabilities to solve our customers current and anticipated challenges • Accelerating progress towards goal to double operating income vs. FY19 • Further growth anticipated beyond FY27 goal • Cash generation creates significant shareholder value 14 15 Non-GAAP Schedules © 2024 CRS Holdings, LLC. All rights reserved. 17 Management believes that removing the impact of raw material surcharge from operating margin provides a more consistent basis for ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Carpenter Technology (CRS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Carpenter Technology is one of 240 companies in the Basic Materials group. The Basic Materials group currently sits at #3 within the Zacks Sector Rank. The Zac ...

Carpenter Technology (CRS) ended the recent trading session at $80.40, demonstrating a -0.14% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.02%. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.1%.Prior to today's trading, shares of the maker of stainless steels and special alloys had gained 17.57% over the past month. This has outpaced the Basic Materials sector's loss of 2.03% and the S&P 500's loss of 3 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...

PHILADELPHIA , April 05, 2024 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) plans to host a conference call and webcast on Wednesday, May 1, 2024 at 10:00 a.m. ET to discuss the results of operations for the third quarter of fiscal year 2024, ended March 31, 2024. The call and webcast will follow the release of third quarter fiscal 2024 financial results before the market opens on Wednesday, May 1, 2024. Conference Call and Webcast Details What: Carpenter Technology Third Quarter Fiscal 2 ...

Shares of Dow Inc. (DOW) have gained 13.4% over the past six months. The company has also outperformed its industry’s decline of 1% over the same time frame.Let’s dive into the factors behind this Zacks Rank #3 (Hold) stock’s price appreciation. Image Source: Zacks Investment ResearchWhat’s Going in DOW’s Favor?Better-than-expected earnings performance in the fourth quarter contributed to the run-up in the company’s shares. Its adjusted earnings of 43 cents per share for the quarter topped the Zacks Consens ...