Carpenter Technology (CRS) Tops Q2 EPS by 13c ; Provides Outlook
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Financial Fact:
Other income, net: 600K
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Carpenter Technology (NYSE: CRS) reported Q2 EPS of $2.33, $0.13 better than the analyst estimate of $2.20. Revenue for the quarter came in at $728 million versus the consensus estimate of $712.72 million.
Outlook
Increasing operating income guidance for fiscal year 2026 to be in the range of $680 million to $700 million, representing a 30 percent to 33 percent increase over fiscal year 2025
Increasing adjusted free cash flow outlook to be at least $280 million in fiscal year 2026
For the third quarter of fiscal year 2026, anticipate between $177 million to $182 million in operating income
For earnings history and earnings-related data on Carpenter Technology (CRS) click here.
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