Core Insights - Carpenter Technology (CRS) reported quarterly earnings of $2.43 per share, exceeding the Zacks Consensus Estimate of $2.13 per share, and up from $1.73 per share a year ago [1] - The company achieved an earnings surprise of +14.08% and has surpassed consensus EPS estimates in all four quarters over the past year [2] - Revenues for the quarter ended September 2025 were $733.7 million, slightly above the Zacks Consensus Estimate by 0.63%, and an increase from $717.6 million year-over-year [3] Earnings Performance - The earnings surprise of +14.08% indicates strong performance relative to expectations [2] - The company has consistently outperformed EPS estimates, with a previous quarter's earnings of $2.21 against an expectation of $2.03, resulting in a surprise of +8.87% [2] Revenue Analysis - Carpenter's revenue growth reflects a year-over-year increase, with the latest quarter's revenue surpassing the previous year's figures [3] - The company has only topped consensus revenue estimates once in the last four quarters, indicating variability in revenue performance [3] Stock Performance - Carpenter shares have increased by approximately 44.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 13.9% [4] - The future price movement of the stock will depend on management's commentary during the earnings call and the sustainability of earnings expectations [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.15, with expected revenues of $734.66 million, and for the current fiscal year, the EPS estimate is $9.52 on revenues of $3.11 billion [8] - The estimate revisions trend for Carpenter was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [7] Industry Context - The Steel - Specialty industry, to which Carpenter belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may impact stock performance [9] - The performance of Carpenter's stock may also be influenced by the overall outlook for the industry [9]

Worthington Steel, Inc. (WS) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.94%. A quarter ago, it was expected that this steel processing company would post earnings of $0.83 per share when it actually produced earnings of $1.05, delivering a surprise of +26.51%.Over the last fou ...

Group 1 - Carpenter Technology (CRS) reported quarterly earnings of $2.21 per share, exceeding the Zacks Consensus Estimate of $2.03 per share, and up from $1.82 per share a year ago, representing an earnings surprise of +8.87% [1] - The company posted revenues of $755.6 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.9%, and down from $798.7 million year-over-year [2] - Carpenter shares have increased approximately 67.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $2.06 on revenues of $770.06 million, and for the current fiscal year, it is $9.11 on revenues of $3.15 billion [7] - The Zacks Industry Rank for Steel - Specialty is currently in the top 39% of over 250 Zacks industries, indicating that the industry outlook can materially impact stock performance [8]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Carpenter Technology (CRS) - Carpenter Technology currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3]. - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4]. Performance Metrics - Over the past week, CRS shares increased by 5.85%, outperforming the Zacks Steel - Specialty industry, which rose by 4.87% [6]. - In a longer timeframe, CRS shares have risen by 35.47% over the past three months and 135.62% over the last year, significantly outperforming the S&P 500's gains of 7.87% and 14.01%, respectively [7]. Trading Volume - The average 20-day trading volume for CRS is 769,905 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, five earnings estimates for CRS have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $6.95 to $7.27 [10]. - For the next fiscal year, four estimates have moved up, with one downward revision noted [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, CRS is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12].