Education
About Us
Working with TipRanks
Follow Us
Carpenter Technology (CRS)
NYSE:CRS
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
1.74Last Year’s EPS
1.19Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 4.34%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted a record-breaking quarter for Carpenter Technology Corporation, marked by significant increases in operating income and expanded margins in key segments. The aerospace and defense market showed strong growth, and the company's fiscal year guidance was raised. However, challenges persist in the medical market and global tariff environment. Overall, the positives significantly outweigh the negatives.Company Guidance
In the third quarter of fiscal year 2025, Carpenter Technology Corporation delivered a record operating income of $138 million, a 53% increase compared to the same quarter in fiscal year 2024. This performance was driven by strong market positioning, an expanding solutions portfolio, and a focus on manufacturing execution, with the SAO segment achieving an adjusted operating margin of 29.1%. Sales increased by 8% year over year and 9% sequentially, with significant growth in the aerospace and defense market, where sales rose 12% sequentially. The company generated $34 million in adjusted free cash flow and repurchased $37.5 million of shares during the quarter, contributing to a total of $78 million for the year. As a result of this robust performance, Carpenter Technology raised its full fiscal year 2025 operating income guidance to a range of $520 million to $527 million, reflecting nearly a 50% increase over fiscal year 2024 earnings.Record-Breaking Operating Income
Carpenter Technology Corporation achieved a record operating income of $138 million in the third quarter of fiscal year 2025, a 53% increase over the same quarter last year.
SAO Segment Margin Expansion
The SAO segment reached a record operating income of $151.4 million with adjusted operating margins expanding to 29.1% from 21.4% a year ago.
Strong Aerospace and Defense Market Performance
Sales in the aerospace and defense market increased 12% sequentially, with engine sales up 16% sequentially.
Increased Fiscal Year Guidance
Carpenter Technology raised its fiscal year 2025 operating income guidance to a range of $520 million to $527 million, representing a nearly 50% increase over fiscal year 2024.
Robust Free Cash Flow
Generated $34 million in adjusted free cash flow during the quarter, contributing to a fiscal year target of $250 million to $300 million.
---
CRS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $190.73 | $199.40 | +4.55% |
| Jan 30, 2025 | $208.86 | $193.42 | -7.39% |
| Oct 24, 2024 | $156.42 | $154.03 | -1.53% |
| Jul 25, 2024 | $120.91 | $134.11 | +10.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Carpenter Technology (CRS) report earnings?
Carpenter Technology (CRS) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Carpenter Technology (CRS) earnings time?
Carpenter Technology (CRS) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRS EPS forecast?
CRS EPS forecast for the fiscal quarter 2025 (Q3) is 1.74.
---