Carpenter Technology (CRS) Tops Q4 EPS by 31c, provides outlook

Carpenter Technology (NYSE: CRS) reported Q4 EPS of $1.82, $0.31 better than the analyst estimate of $1.51. Revenue for the quarter came in at $798.7 million versus the consensus estimate of $763.76 million.

Fiscal Year 2025 Outlook

Expect operating income to be in the range of $460 million to $500 million, pulling forward financial goal 2 years from fiscal year 2027 to fiscal year 2025
With operating income guidance, expect to generate $250 million to $300 million in adjusted free cash flow, which represents approximately 85 percent conversion rate
For first quarter of fiscal year 2025, anticipate between $114 million and $120 million in operating income
Well positioned for continued growth beyond fiscal year 2025 with strong market demand outlook for our broad portfolio of specialized solutions, increasing productivity, optimizing product mix and pricing actions

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

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• RBC Capital Downgrades Bucher Industries AG (BUCN:SW) (BCHHF) to Sector Perform
• Befesa SA (BFSA:GR) PT Lowered to EUR35 at Deutsche Bank