secwatch.observer — SEC 8-K summary
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Issuer:     CARPENTER TECHNOLOGY CORP (CRS)
CIK:        0000017843
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001193125-24-187540
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carpenter Technology Reports Record Q4 and FY2024 Results, Pulls Forward FY2025 Guidance
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- Delivered $125.2M adjusted operating income in Q4 FY2024, up 39% sequentially, a record quarterly result.
- Full-year FY2024 adjusted operating income of $354.1M, up 166% YoY, most profitable year in company history.
- Board authorized $400M share repurchase program; targeting offsetting dilution and strategic opportunities.
- FY2025 operating income guidance of $460M to $500M, pulled forward from FY2027 to FY2025.
- Generated $142.4M adjusted free cash flow in Q4; FY2024 total $179.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/17843/000119312524187540/0001193125-24-187540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/17843/000119312524187540/d817637d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-187540

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