---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-267222"
form_type: "8-K"
ticker: "CRS"
cik: "0000017843"
company_name: "CARPENTER TECHNOLOGY CORP"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:51:37.399044+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Carpenter Tech Q1 EPS $0.88 beats; FY operating income guidance $310-330M

## Summary
- Diluted EPS $0.88, net income $43.9M, vs loss of $0.14 per share in prior-year Q1.
- Operating income $69.0M, up 10% sequentially; SAO segment margin improved to 19.4% from 16.8%.
- Net sales $651.9M ($492.8M ex-surcharge); cash from ops $7.4M vs ($78.0M) a year ago.
- Q2 FY2024 operating income guided at $66-72M; full-year operating income expected $310-330M.
- CEO cites record backlog, productivity gains, and expects 28-35% H2 operating income growth vs H1.

## SEC filing metadata
- accession: 0001193125-23-267222
- form_type: 8-K
- ticker: CRS
- cik: 0000017843
- company_name: CARPENTER TECHNOLOGY CORP
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/17843/000119312523267222/0001193125-23-267222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/17843/000119312523267222/d543191d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-267222
- JSON: https://secwatch.observer/filing/0001193125-23-267222.json
- Plain text: https://secwatch.observer/filing/0001193125-23-267222.txt

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