earnings
confidence high
sentiment positive
materiality 0.85
Carpenter Tech reports record Q1 operating income $153.3M, up 31% YoY; FY2026 guidance raised to $660M-$700M
CARPENTER TECHNOLOGY CORP
2026-Q1 EPS reported
$2.43
revenue$733,700,000
- EPS diluted $2.43 vs $1.67 YoY; SAO segment margin 32.0% (up from 26.3%), 15th consecutive quarterly increase.
- Aerospace & Defense bookings up 23% sequentially; multiple long-term agreements completed with significant value.
- FY2026 operating income guidance $660M-$700M (26-33% increase); Q2 guidance $152M-$156M.
- Adjusted free cash flow forecast $240M-$280M; $175M-$185M for brownfield expansion project.
- Executed $49.1M in share repurchases under $400M program; balance sheet remains strong.