Carpenter Technology (CRS) Q4 2025 Earnings Call July 31, 2025 10:00 AM ET Company ParticipantsJohn Huyette - VP - IRTony Thene - President, CEO & DirectorTimothy Lain - Senior VP & CFOScott Deuschle - Director - Aerospace & Defense Equity ResearchBennett Moore - VP - Equity ResearchConference Call ParticipantsGautam Khanna - AnalystJosh Sullivan - Equity Research Analyst - Industrial Technology, Aerospace & DefenseAndre Madrid - VP & Aerospace & Defense AnalystPhil Gibbs - Director & Metals Equity Research ...

Core Viewpoint - Worthington Enterprises (WOR) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][9]. Earnings Estimate Revisions - The current quarter's earnings estimate is $0.80 per share, reflecting a +60% change from the previous year's figure [6]. - The Zacks Consensus Estimate for the current quarter has increased by 60% over the last 30 days, with one estimate raised and no negative revisions [6]. - For the full year, the earnings estimate stands at $3.65 per share, representing an +18.89% change from the year-ago number [7]. - There has been a positive trend in estimate revisions for the current year, with one estimate moving up and no negative revisions [7]. Analyst Optimism and Stock Performance - The rising trend in estimate revisions is driven by growing analyst optimism regarding the earnings prospects of Worthington Enterprises, which is expected to be reflected in its stock price [2]. - The Zacks Rank system, which categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell), has shown that Zacks 1 Ranked stocks have generated an average annual return of +25% since 2008 [3]. - Worthington Enterprises currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates [8]. Investment Potential - The stock has appreciated by 8.3% over the past four weeks due to strong estimate revisions, suggesting further upside potential [9].

Core Viewpoint - Quanex Building Products (NX) reported quarterly earnings of $0.60 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, but down from $0.66 per share a year ago, indicating a 25% earnings surprise [1]. Financial Performance - The company achieved revenues of $452.48 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.77%, and showing a significant increase from $266.2 million year-over-year [2]. - Over the last four quarters, Quanex has consistently surpassed consensus EPS estimates and revenue estimates [2]. Stock Performance and Outlook - Quanex shares have declined approximately 29.3% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3]. - The company's future stock performance will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4]. Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $0.85 on revenues of $490.8 million, and for the current fiscal year, it is $2.55 on revenues of $1.84 billion [7]. - The estimate revisions trend for Quanex is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]. Industry Context - The Building Products - Miscellaneous industry, to which Quanex belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8].