Carpenter Technology Q3 EPS $0.38 vs loss $0.16 YoY; guides Q4 operating income $54-60M

CARPENTER TECHNOLOGY CORP

2023-Q3 EPS reported $0.36 revenue$1,792,100,000

Net income $18.6M ($0.38 diluted EPS) vs prior year loss $7.5M ($0.16 loss per share).
Net sales excluding surcharge up 33% YoY to $491.5M; total net sales $690.1M.
SAO segment operating income $49.0M; PEP segment $10.2M.
Backlog up 10% sequentially and 70% year-over-year.
Q4 FY2023 guidance: operating income $54-60M, targeting pre-pandemic profitability.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CARPENTER TECHNOLOGY CORP reported fiscal third quarter ended March 31, 2023 results: revenue $690.1, net income $18.6 million, EPS $0.38.

Period: fiscal third quarter ended March 31, 2023
Revenue: $690.1
Net income: $18.6 million
EPS: $0.38
Result: reported results

Exact text from the filing

we expect to realize accelerating sales momentum and improved margins.” Financial Highlights ($ in millions except per share amounts) Q3 FY2023 Q3 FY2022 Q2 FY2023 Net sales $ 690.1 $ 489.0 $ 579.1 Net sales excluding surcharge (a) $ 491.5 $ 369.0 $ 420.8 Operating income $ 39.3 $ 1.1 $ 22.6 Adjusted operating income (loss) excluding special items (a) $ 39.3

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

CARPENTER TECHNOLOGY CORP filing history →

Source: SEC EDGAR

accession 0001193125-23-130465

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