Carpenter (CRS) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Carpenter Technology (CRS) reported revenue of $727 million for the quarter ended March 2025, marking a year-over-year increase of 6.2% and an EPS of $1.88 compared to $1.19 a year ago, although the revenue fell short of the Zacks Consensus Estimate of $731.52 million by 0.62% [1] - The company achieved an EPS surprise of +8.05%, with the consensus EPS estimate being $1.74 [1] Financial Performance Metrics - Carpenter's stock has returned +0.9% over the past month, contrasting with the Zacks S&P 500 composite's -5.1% change, and currently holds a Zacks Rank 3 (Hold) [3] - Volumes Sold in Pounds for Specialty Alloys Operations were 44.58 million, below the average estimate of 47.62 million [4] - Total Volumes Sold in Pounds were 46.5 million, compared to the average estimate of 49.04 million [4] - Net Sales in the End-Use Market Excluding Surcharge Revenue totaled $597 million, slightly above the estimated $594.40 million, representing a year-over-year increase of 7.8% [4] - Surcharge revenue was reported at $130 million, below the average estimate of $137.76 million, reflecting a year-over-year decrease of 0.8% [4] - Net Sales for Performance Engineered Products were $104.90 million, compared to the estimated $108.01 million, showing a year-over-year increase of 2.4% [4] - Operating Income for Specialty Alloys Operations was $151.40 million, exceeding the average estimate of $143.25 million [4]