Core Viewpoint - Analysts project Carpenter Technology (CRS) will report quarterly earnings of $2.20 per share, a 32.5% increase year over year, with revenues expected to reach $728.57 million, reflecting a 7.6% increase from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate has been revised 0.7% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong link between earnings estimate trends and short-term stock price movements [3]. Key Metrics Estimates - Analysts expect 'Net Sales- End-Use Market Excluding Surcharge Revenue- Total' to be $598.21 million, indicating a year-over-year change of +9.2% [4]. - The estimated 'Net Sales- End-Use Market Excluding Surcharge Revenue- Surcharge revenue' is $133.03 million, reflecting a +3.2% change year over year [5]. - 'Net Sales- Performance Engineered Products' is projected to reach $97.43 million, showing a +2.6% change from the previous year [5]. - 'Net Sales- Specialty Alloys Operations' is forecasted at $666.33 million, suggesting a +10.8% year-over-year change [6]. Volume and Income Estimates - 'Volumes Sold in Pounds - Specialty Alloys Operations' is expected to be 44.86 million, compared to 44.71 million in the same quarter last year [6]. - The consensus for 'Volumes Sold in Pounds' is 46.45 million, up from 46.17 million year-over-year [7]. - 'Operating Income- Performance Engineered Products' is projected at $9.57 million, an increase from $7.00 million reported in the same quarter last year [7]. - 'Operating Income- Specialty Alloys Operations' is estimated at $170.94 million, compared to $135.60 million in the same quarter last year [8]. Stock Performance - Carpenter shares have increased by +7.1% in the past month, outperforming the Zacks S&P 500 composite's +0.4% [8]. - With a Zacks Rank 2 (Buy), CRS is expected to outperform the overall market in the near term [8].

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].