secwatch.observer — SEC 8-K summary
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Issuer:     CARPENTER TECHNOLOGY CORP (CRS)
CIK:        0000017843
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001193125-23-017576
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carpenter Tech returns to profit with Q2 EPS $0.13; sales up 46% YoY
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- Net income $6.2M ($0.13 EPS) vs loss of $29.4M ($0.61 loss) in prior year quarter.
- Net sales $579.1M (+46% YoY); excluding surcharge revenue $420.8M (+34% YoY).
- Backlog up 9% sequentially and 107% YoY, driven by aerospace demand.
- SAO segment operating income $30.3M; PEP segment operating income $9.3M.
- Free cash flow negative $113.7M, similar to prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/17843/000119312523017576/0001193125-23-017576-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/17843/000119312523017576/d405718d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-017576

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer