Carpenter (CRS) Reports Q3 Earnings: What Key Metrics Have to Say

By Zacks Equity Research | April 24, 2025, 10:30 AM

Carpenter Technology (CRS) reported $727 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 6.2%. EPS of $1.88 for the same period compares to $1.19 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $731.52 million, representing a surprise of -0.62%. The company delivered an EPS surprise of +8.05%, with the consensus EPS estimate being $1.74.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Carpenter performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Volumes Sold in Pounds - Specialty Alloys Operations: 44.58 million compared to the 47.62 million average estimate based on two analysts.
  • Volumes Sold in Pounds: 46.5 million versus the two-analyst average estimate of 49.04 million.
  • Volumes Sold in Pounds - Intersegment: -0.67 million compared to the -1.22 million average estimate based on two analysts.
  • Volumes Sold in Pounds - Performance Engineered Products: 2.58 million versus the two-analyst average estimate of 2.64 million.
  • Net Sales- End-Use Market Excluding Surcharge Revenue- Total: $597 million versus $594.40 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
  • Net Sales- End-Use Market Excluding Surcharge Revenue- Surcharge revenue: $130 million versus the two-analyst average estimate of $137.76 million. The reported number represents a year-over-year change of -0.8%.
  • Net Sales- Intersegment: -$20.80 million versus -$26.17 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -20% change.
  • Net Sales- Performance Engineered Products: $104.90 million versus $108.01 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.4% change.
  • Net Sales- Specialty Alloys Operations: $642.90 million versus the two-analyst average estimate of $649.41 million. The reported number represents a year-over-year change of +5.7%.
  • Operating Income- Corporate: -$24.40 million versus -$22.23 million estimated by two analysts on average.
  • Operating Income- Performance Engineered Products: $10.90 million compared to the $10.36 million average estimate based on two analysts.
  • Operating Income- Specialty Alloys Operations: $151.40 million versus $143.25 million estimated by two analysts on average.
View all Key Company Metrics for Carpenter here>>>

Shares of Carpenter have returned +0.9% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Carpenter Technology Corporation (CRS): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Mentioned In This Article

Latest News