Carpenter Technology (CRS) Tops Q2 EPS by 4c ; Provides Outlook

Carpenter Technology (NYSE: CRS) reported Q2 EPS of $1.66, $0.04 better than the analyst estimate of $1.62. Revenue for the quarter came in at $676.9 million versus the consensus estimate of $724.42 million.

Fiscal Year 2025 Outlook

Increasing operating income expectations to the range of $500 million to $520 million, up from the high end of the range of $460 million to $500 million
Projecting $250 million to $300 million in adjusted free cash flow, which represents approximately 85 percent conversion rate
Anticipating between $126 million and $134 million in operating income for the third quarter of fiscal year 2025

For earnings history and earnings-related data on Carpenter Technology (CRS) click here.

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