Delivered Record Quarterly Operating Income in Fourth Quarter Generated Record Adjusted Free Cash Flow in Fourth Quarter Completed Most Profitable Year in Company History Fiscal Year 2026 Outlook 26% to 33% Higher Than Record Fiscal Year 2025 PHILADELPHIA, July 31, 2025 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the "Company") today announced financial results for the fiscal fourth quarter and year ended June 30, 2025. For the quarter, the Company reported operating income of $151.4 m ...

Continued year-over-year sales growth driven by aerospace & defense Aerospace and defense sales of $762 million, representing 67% of Q2 2025 sales Strong demand for commercial jet engines - YoY sales growth of 27% Raising mid-point of full year adjusted earnings and cash flow guidance Second Quarter 2025 GAAP Financial Results Second Quarter 2025 Non-GAAP Financial Information* Guidance The Company is providing third quarter and updated full year 2025 guidance in the table below. | Guidance | | | --- | --- ...

Materials Select Sector SPDR Fund Today XLB Materials Select Sector SPDR Fund $90.02 -1.01 (-1.11%) 52-Week Range $73.12 ▼ $97.87 Dividend Yield 1.89% Assets Under Management $5.45 billion Add to Watchlist The Materials Select Sector SPDR Fund NYSEARCA: XLB has provided decent returns of 9.8% year-to-date (YTD) in 2025, outperforming several other sector-focused exchange-traded funds (ETFs) and the broader market as represented by the S&P 500. 12-Month Stock Price Forecast: $136.90 8.50% Upside Buy Based on ...

Core Viewpoint - Wall Street analysts predict Carpenter Technology (CRS) will report quarterly earnings of $2.03 per share, reflecting an 11.5% year-over-year increase, while revenues are expected to decline by 3.6% to $770.22 million [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.4% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue and Sales Projections - Analysts estimate 'Net Sales- End-Use Market Excluding Surcharge Revenue- Total' at $629.98 million, a decrease of 0.9% from the prior year [5]. - The estimate for 'Net Sales- End-Use Market Excluding Surcharge Revenue- Surcharge revenue' is $139.64 million, indicating a 14.3% decline year-over-year [5]. - 'Net Sales- Performance Engineered Products' is projected at $110.82 million, down 0.4% from the previous year [6]. - 'Net Sales- Specialty Alloys Operations' is expected to reach $685.66 million, reflecting a 4.2% decrease year-over-year [6]. Volume and Operating Income Estimates - 'Volumes Sold in Pounds - Specialty Alloys Operations' are projected to be 47.04 million, down from 57.20 million in the same quarter last year [7]. - 'Volumes Sold in Pounds' overall is expected to be 48.80 million, compared to 56.78 million in the same quarter of the previous year [7]. - 'Operating Income- Performance Engineered Products' is forecasted at $11.14 million, up from $10.60 million in the same quarter last year [8]. - The consensus for 'Operating Income- Specialty Alloys Operations' stands at $163.52 million, compared to $140.90 million a year ago [8]. Stock Performance - Carpenter shares have changed by +0.2% in the past month, compared to a +4.9% move of the Zacks S&P 500 composite [8]. - With a Zacks Rank 2 (Buy), CRS is expected to outperform the overall market in the near future [8].

Core Insights - Carpenter Technology Corporation (CRS) is set to report its fourth-quarter fiscal 2025 results on July 31, with sales estimated at $770 million, reflecting a 3.6% decrease from the previous year [1] - The earnings consensus estimate for CRS is $2.03 per share, indicating an 11.5% year-over-year growth, with a 0.5% increase in the estimate over the past 60 days [1][4] - CRS has a strong earnings surprise history, beating estimates in the last four quarters with an average surprise of 11.1% [3][4] Financial Performance Expectations - The Specialty Alloys Operations segment is expected to report sales of $689 million, down 3.7% year-over-year, with an operating profit projected at $163 million, up from $141 million in the same quarter last year [9] - Performance Engineered Products' net sales are anticipated to rise 1.5% year-over-year to $113 million, with an operating profit expected to increase to $11.7 million from $10.6 million [10] Market Dynamics - Demand in aerospace, defense, and medical applications is expected to support CRS's performance, despite challenges from labor and chip shortages [7][8] - Increased productivity, higher prices, and an improved product mix are likely to have positively impacted margins, countering the effects of soft sales volume [8] Stock Performance - CRS shares have increased by 97.4% over the past year, significantly outperforming the industry growth of 46.7% [11]

Group 1 - ATI has scheduled a live webcast for its second quarter 2025 earnings conference call on July 31, 2025, at 7:30 a.m. CT [1] - The second quarter 2025 results will be published prior to the call at 6:30 a.m. CT [1] - The conference call will be accessible via ATImaterials.com, where presentation slides and a replay will also be available [2] Group 2 - ATI is a global producer of high-performance materials and solutions for aerospace, defense, electronics, medical, and specialty energy markets [3] - The company focuses on solving complex challenges through materials science and innovation [3] - ATI emphasizes its commitment to delivering extraordinary materials that enhance the performance of its customers' products [3]

Core Insights - Ferroglobe PLC has been included in the Russell 2000® and Russell 3000® Indexes, effective June 30, 2025, marking a significant milestone for the company [1][3] - The Russell US indexes are maintained by FTSE Russell and include the 3,000 largest U.S. stocks ranked by total market capitalization, with membership determined by objective market-capitalization rankings [2] - The inclusion in the Russell indexes enhances Ferroglobe's visibility among institutional investors and underscores its commitment to innovation and operational excellence [3] Company Overview - Ferroglobe is a leading global producer of silicon metal and silicon and manganese-based ferroalloys, serving diverse and fast-growing markets such as solar, automotive, consumer products, construction, and energy [4] - The company is headquartered in London and aims to deliver sustainable value to its shareholders [4]

15:45 London, 17:45 Helsinki, 28 May 2025 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)AFARAK GROUP SE: REDUCTION OF THE SHARE PREMIUM RESERVEThe resolution adopted by Afarak’s Extraordinary General Meeting held on 29 January 2025 regarding the reduction of the Company’s share premium reserve by EUR 25,223,189.79 has been executed today.Following the reduction, the amount of the share premium reserve recorded in Afarak’s balance sheet is zero. The reduced amount has been transferr ...

Company Overview - ATI Inc. is a producer of high-performance materials and solutions for the global aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy [2] - The company focuses on solving complex challenges through materials science and partners with customers to deliver extraordinary materials that enhance product performance [2] Upcoming Event - Kimberly A. Fields, President and CEO of ATI, will speak at the Bernstein 41st Annual Strategic Decisions Conference on May 29, 2025, at 11:00 a.m. ET [1] - An audio replay and full transcript of the event will be available after the presentation [1]

Core Viewpoint - Metallus has announced the promotion of Kristopher R. Westbrooks to president and chief operating officer, and the appointment of John M. Zaranec III as executive vice president and chief financial officer, effective June 16, 2025, indicating a strategic move to enhance leadership and operational excellence within the company [1][2][6]. Group 1: Leadership Changes - Kristopher R. Westbrooks will oversee safety, manufacturing operations, and supply chain organizations, focusing on cross-functional collaboration and alignment with strategic initiatives [2][4]. - John M. Zaranec III brings over 20 years of financial experience in the manufacturing sector, previously serving as division chief financial officer at Materion Corporation [5][6]. Group 2: Executive Backgrounds - Westbrooks has been with Metallus since September 2018 as chief financial officer and has played a crucial role in the company's transformation [3][4]. - Zaranec has held various leadership roles at Materion, including chief accounting officer and corporate controller, and has experience in public accounting [5]. Group 3: Company Overview - Metallus manufactures high-performance specialty metals from recycled scrap metal, serving industries such as automotive, aerospace, and energy [7]. - The company reported sales of $1.1 billion in 2024 and employs approximately 1,880 people [7].