secwatch.observer — SEC 8-K summary
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Issuer:     CARPENTER TECHNOLOGY CORP (CRS)
CIK:        0000017843
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001193125-24-130672
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carpenter Tech Q3 adj. op income $90M record; raises Q4 guidance to $110-115M
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- Q3 net sales $684.9M; adj. EPS $1.19 vs $0.38 a year ago.
- SAO segment op income $103.5M, up 24% sequentially; margin 21.4%.
- FY2024 adj. op income guidance raised to $339-344M (most profitable year).
- Pull forward FY2027 op income target of $460-500M to FY2026.
- Generated $61.9M adj. free cash flow in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/17843/000119312524130672/0001193125-24-130672-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/17843/000119312524130672/d631283d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-130672

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