---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-262260"
form_type: "8-K"
ticker: "CRS"
cik: "0000017843"
company_name: "CARPENTER TECHNOLOGY CORP"
filed_at: "2022-10-13T23:59:59+00:00"
generated_at: "2026-06-23T03:52:29.097119+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Carpenter Tech reaffirms FY23 outlook; Q1 prelim EPS loss ($0.16)-($0.14) from Hurricane Ian

## Summary
- SAO segment operating income $19.5-20.0M, upper end of prior $18-20M guidance.
- PEP segment operating income $6.0-6.5M, below $7-9M guidance due to Hurricane Ian at Dynamet facility.
- Total operating income expected $7.5-8.5M for Q1 fiscal 2023; EPS range ($0.16)-($0.14).
- FY23 operating income target of FY2019 levels by Q4 reaffirmed; order entry drives backlog growth.
- Corporate costs ~$18.0M, interest $12.6M, effective tax rate 12-13%.

## SEC filing metadata
- accession: 0001193125-22-262260
- form_type: 8-K
- ticker: CRS
- cik: 0000017843
- company_name: CARPENTER TECHNOLOGY CORP
- filed_at: 2022-10-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17843/000119312522262260/0001193125-22-262260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17843/000119312522262260/d381569d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-262260
- JSON: https://secwatch.observer/filing/0001193125-22-262260.json
- Plain text: https://secwatch.observer/filing/0001193125-22-262260.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.