Carpenter Technology (CRS) News & Sentiment

This is a comparison of how Carpenter Technology (CRS) and Hecla Mining (HL) have done in relation to their industry this year.

Carpenter Technology Corporation is expected to grow significantly in the aerospace, defense, and energy sectors due to the increasing need for specialty alloys and materials. The company's Specialty Alloys Operations segment has seen its profit margins rise to 23% thanks to better productivity and pricing. Management has projected an operating income of $500-520 million for eFY25, aiming for a long-term goal of $765-800 million by eFY27, supported by higher prices and sales in profitable markets.

Is Carpenter Technology (CRS) a strong choice for momentum investors? Let's take a closer look.

PHILADELPHIA, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) has announced that Julie A. Beck will join the Company's Board of Directors, starting from February 20, 2025.

This is a comparison of how Carpenter Technology (CRS) and Fortuna Mining (FSM) have done in relation to their industry this year.

CRS's results for the second quarter show the effects of the continuous enhancement in the variety of products they offer.

Carpenter Technology Corporation (NYSE:CRS) will hold its Q2 2025 Earnings Conference Call on January 30, 2025, at 10:00 AM ET. The call will feature company representatives, including John Huyette, Tony Thene, and Tim Lain, along with analysts from various financial firms. Participants will be in listen-only mode during the call.

Carpenter Technology (CRS) reported quarterly earnings of $1.66 per share, which is higher than the Zacks Consensus Estimate of $1.56 per share. This is an increase compared to earnings of $0.85 per share from the same period last year.

Carpenter (CRS) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.