earnings
confidence high
sentiment positive
materiality 0.85
Carpenter Tech Q2 operating income $155.2M, up 31% YoY; raises FY2026 guidance to $680-700M
CARPENTER TECHNOLOGY CORP
2026-Q2 EPS reported
$4.52
revenue$1,461,700,000
- Operating income $155.2M, a record Q2; EPS $2.09 diluted, adjusted EPS $2.33.
- SAO segment operating income $174.6M, adjusted margin 33.1%, 16th consecutive quarterly increase.
- Commercial Aerospace bookings up 23% sequentially; completed several long-term agreements.
- FY2026 operating income guidance raised to $680-700M (30-33% YoY); Q3 guidance $177-182M.
- Generated $132.2M cash from operations; executed $32.1M in share repurchases.