secwatch.observer — SEC 8-K summary
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Issuer:     CARPENTER TECHNOLOGY CORP (CRS)
CIK:        0000017843
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0000017843-25-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carpenter Tech reports record Q1 operating income $153.3M, up 31% YoY; FY2026 guidance raised to $660M-$700M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/17843/000001784325000031/0000017843-25-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/17843/000001784325000031/crs-20251023.htm
  HTML page:      https://secwatch.observer/filing/0000017843-25-000031

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