Total company sales excluding raw material surcharge were up 8% year-over-year and down 2% sequentially . Thene attributed the sequential decline largely to typical year-end factors such as fewer operating days and customer holiday closures, adding that those factors are not expected to impact the third quarter and that the company expects a sequential increase in net sales.Thene said the company’s Specialty Alloys and Operations (SAO) segment delivered an adjusted operating margin of 33.1% , up from 28.3% ...

Carpenter Technology (CRS) reported $728 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 7.6%. EPS of $2.33 for the same period compares to $1.66 a year ago.The reported revenue represents a surprise of -0.08% over the Zacks Consensus Estimate of $728.57 million. With the consensus EPS estimate being $2.20, the EPS surprise was +5.79%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Key Takeaways CRS is positioned for strong booking growth, driven by robust demand in Aerospace and Defense markets.Estimates for CRS for 2026 indicate $10.07 EPS and $3.07B revenues, with one upward revision in 30 days.CRS expects operating income to be $660-$700M in fiscal 2026.Carpenter Technology Corporation (CRS) is positioned for strong booking growth from robust demand, especially in Aerospace and Defense. Over the past year, shares of CRS have grown 74.8%, outperforming the industry’s 59.9% rise.Ima ...

Core Insights - Carpenter Technology Corporation (CRS) is set to report its first-quarter fiscal 2026 results on October 23, with sales estimated at $729 million, reflecting a 1.6% increase year-over-year [1][4] - The earnings consensus estimate for CRS is $2.13 per share, indicating a year-over-year growth of 23.1%, with a 1.4% upward revision in the past 60 days [1][4] Earnings Performance - CRS has a history of exceeding Zacks Consensus Estimates, achieving an average surprise of 8.4% over the last four quarters [3][4] - The reported earnings for the last four quarters were $2.21, $1.88, $1.66, and $1.73, with respective surprises of 8.87%, 8.05%, 6.41%, and 10.19% [4] Market Dynamics - The growth in aerospace, defense, and medical applications is expected to positively influence CRS's performance in fiscal 2026 [7] - Increased demand in aerospace submarkets is anticipated as supply chains adapt to rising travel needs [7] Challenges and Mitigating Factors - CRS faces challenges from labor and chip shortages, which may impact performance [8] - However, gains from productivity improvements, higher prices, and an enhanced product mix are expected to offset these challenges [8] Segment Performance Expectations - Specialty Alloys Operations segment sales are projected at $688 million, a 6.6% increase from the previous year, with an operating profit expected to rise to $165 million from $134.5 million [9] - Performance Engineered Products segment net sales are anticipated to grow by 3.3% year-over-year to $104 million, with an operating profit expected to increase to $11.2 million from $7.3 million [10] Stock Performance - CRS shares have appreciated by 55.6% over the past year, significantly outperforming the industry average growth of 25.5% [11]

Core Insights - Carpenter Technology reported revenue of $755.6 million for the quarter ended June 2025, a decrease of 5.4% year-over-year, with an EPS of $2.21 compared to $1.82 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $770.22 million, resulting in a surprise of -1.9%, while the EPS exceeded the consensus estimate of $2.03 by +8.87% [1] Financial Performance Metrics - Specialty Alloys Operations sold 46.87 million pounds, slightly below the estimated 47.04 million pounds [4] - Total volumes sold were 48.75 million pounds, close to the average estimate of 48.8 million pounds [4] - Net Sales in the End-Use Market excluding surcharge revenue totaled $623.7 million, down -1.9% year-over-year, compared to the average estimate of $629.98 million [4] - Surcharge revenue was reported at $131.9 million, a significant decrease of -19% compared to the year-ago quarter, and below the estimated $139.64 million [4] - Operating Income for Specialty Alloys Operations was $167 million, exceeding the average estimate of $163.52 million [4] Stock Performance - Carpenter's shares returned +3.1% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]