earnings
confidence high
sentiment positive
materiality 0.75
Carpenter Technology Q2 FY2024 EPS $0.85, operating income $69.8M; FY2024 guidance $310M-$330M
CARPENTER TECHNOLOGY CORP
2024-Q2 EPS reported
$1.73
revenue$1,276,100,000
- Diluted EPS $0.85 vs $0.13 year ago; net income $42.7M.
- Operating income $69.8M, up from $69.0M Q1; SAO segment operating margin 20.0%.
- FY2024 operating income projected $310M-$330M, targeting most profitable year on record.
- Cash from operations $14.6M, improved from negative $86.4M in prior year Q2.