{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-199106","form_type":"8-K","ticker":"CRS","cik":"0000017843","company_name":"CARPENTER TECHNOLOGY CORP","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.223831+00:00","generated_at":"2026-06-12T22:11:48.951560+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carpenter Tech Q4 EPS $0.78, adj. op. income $62.9M; guides Q1 above prior year","bullets":["Net income $38.4M ($0.78 diluted EPS) vs $2.6M ($0.05) in Q4 FY2022.","Adjusted operating income $62.9M, up from $14.9M a year ago; SAO segment reached $80.0M (16.8% margin).","Net sales excluding surcharge up 39% YoY to $560.0M; generated $144M adjusted free cash flow in Q4.","Q1 FY2024 operating income guidance $61-67M, above the prior year's first quarter and historical seasonal decline.","CEO states exceeded goal to return to FY2019 profitability run-rate by end of FY2023; on track to double FY2019 op. income by FY2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-199106","json":"https://secwatch.observer/filing/0001193125-23-199106.json","markdown":"https://secwatch.observer/filing/0001193125-23-199106.md","text":"https://secwatch.observer/filing/0001193125-23-199106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/17843/000119312523199106/0001193125-23-199106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/17843/000119312523199106/d511145d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:11:48.951560+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7bf4d903196b7793c82339f93c4f8945f5be1071","claim":"CARPENTER TECHNOLOGY CORP reported fiscal 2023 fourth quarter ended June 30, 2023 results: revenue $758.1, net income $38.4, EPS $0.78.","evidence_excerpt":"Net sales $ 758.1 $ 563.8 $ 2,550.3 $ 1,836.3 Net sales excluding surcharge (a) $ 560.0 $ 403.2 $ 1,848.0 $ 1,400.0 Operating income (loss) $ 62.9 $ 24.6 $ 133.1 $ (24.9 ) Adjusted operating income (loss) excluding special items (a) $ 62.9 $ 14.9 $ 133.1 $ (34.0 ) Net income (loss) $ 38.4 $ 2.6 $ 56.4 $ (49.1 ) Earnings (loss) per diluted share $ 0.78 $ 0.05 $ 1.14 $ (1.01 )","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/17843/000119312523199106/0001193125-23-199106-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 fourth quarter ended June 30, 2023"},{"label":"Revenue","value":"$758.1"},{"label":"Net income","value":"$38.4"},{"label":"EPS","value":"$0.78"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"abda4b49c3df2b3606f9ad3a876335670ba8d9c4","claim":"CARPENTER TECHNOLOGY CORP updated its first quarter of fiscal year 2024 guidance (reaffirmed).","evidence_excerpt":"First Quarter Fiscal Year 2024 Outlook • Expect operating income to be in the range of $61 million to $67 million, in line with previous guidance • Expectations would exceed the operating income in the first quarter of fiscal year 2020, our most profitable first quarter in recent history, and be above the historical trend of a sequential seasonal decline in profits • With a strong first quarter, well positioned in fiscal year 2024 to take a meaningful step towards our long-term goal of doubling fiscal year 2019 operating income by fiscal year 2027 • Exceeding targeted productivity gains could accelerate earnings growth in fiscal year 2024 versus current projections","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/17843/000119312523199106/0001193125-23-199106-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal year 2024"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}