Carpenter Technology (CRS) Expected to Post Quarterly Earnings on Thursday

Key Points

• Carpenter Technology is expected to report Q1 fiscal 2027 results on October 22, with analysts projecting $3.04 in earnings per share and $830.85 million in revenue.
• The company’s previous quarter beat EPS estimates, reporting $3.23 per share versus a $3.09 consensus, while revenue rose 12.6% year over year to $679.7 million but fell short of expectations.
• Analysts maintain a generally positive outlook, with eight Buy ratings and two Holds and a consensus price target of $504.38, although recent target reductions and substantial insider selling add caution.

Carpenter Technology (NYSE:CRS - Get Free Report) is projected to post its Q1 2027 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $3.04 per share and revenue of $830.85 million for the quarter. Individuals can find conference call details on the company's upcoming Q1 2027 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.14. The business had revenue of $679.70 million for the quarter, compared to analysts' expectations of $863.33 million. Carpenter Technology had a return on equity of 26.46% and a net margin of 16.96%. The company's revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period last year, the firm earned $2.21 earnings per share. On average, analysts expect Carpenter Technology to post $13.25 EPS for the current fiscal year and $15.71 EPS for the next fiscal year.

Carpenter Technology Trading Down 0.4%

NYSE:CRS opened at $378.84 on Thursday. The firm has a market cap of $18.77 billion, a PE ratio of 36.01, a price-to-earnings-growth ratio of 1.35 and a beta of 1.29. The stock has a fifty day moving average price of $450.69 and a 200 day moving average price of $481.25. Carpenter Technology has a 12-month low of $233.77 and a 12-month high of $625.98. The company has a current ratio of 3.81, a quick ratio of 2.23 and a debt-to-equity ratio of 0.31.

Carpenter Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Tuesday, October 20th will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, October 20th. This represents a $0.80 annualized dividend and a yield of 0.2%. Carpenter Technology's dividend payout ratio is 7.60%.

Insider Activity

In other news, Director Steven Karol sold 3,275 shares of Carpenter Technology stock in a transaction on Friday, September 4th. The shares were sold at an average price of $474.08, for a total transaction of $1,552,612.00. Following the completion of the sale, the director directly owned 177,000 shares of the company's stock, valued at approximately $83,912,160. The trade was a 1.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ramin Younessi sold 438 shares of Carpenter Technology stock in a transaction on Friday, August 21st. The stock was sold at an average price of $493.15, for a total transaction of $215,999.70. Following the sale, the director directly owned 1,953 shares of the company's stock, valued at approximately $963,121.95. This trade represents a 18.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 112,996 shares of company stock worth $54,644,436. 2.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CRS has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Carpenter Technology in a research report on Monday, August 31st. BTIG Research lifted their price objective on Carpenter Technology from $450.00 to $620.00 and gave the company a "buy" rating in a research note on Friday, July 31st. TD Cowen lowered their price objective on Carpenter Technology from $650.00 to $500.00 and set a "buy" rating for the company in a research report on Friday, October 9th. JPMorgan Chase & Co. lowered their price objective on Carpenter Technology from $700.00 to $520.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, Wall Street Zen lowered shares of Carpenter Technology from a "buy" rating to a "hold" rating in a research note on Saturday, October 10th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Carpenter Technology currently has an average rating of "Moderate Buy" and a consensus target price of $504.38.

About Carpenter Technology

Carpenter Technology Corporation is a manufacturer of specialty metals and engineered products for applications that require high performance, durability, and resistance to extreme conditions. Founded in 1889, the company produces stainless steels, nickel- and cobalt-based alloys, titanium alloys, and other specialty materials.

Its product offerings include specialty wire, rod, bar, strip, billet, and powder, as well as precision-engineered components and additive-manufacturing materials.

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