Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has Carpenter Technology (CRS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Carpenter Technology is one of 240 individual stocks in the Basic Materials sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank ...

A multi-industry industrial company, an aerospace supplier, and a building materials company all look like good values now.3M (MMM 1.64%), Carpenter Technology (CRS -1.36%), and Owens Corning (OC -0.32%) are vastly different stocks, but all three are attractive on a risk/reward basis. They each have a different investment case, so let's explore why they might suit a value investor's portfolio.3M is undervaluedThis industrial giant isn't the highest-quality company out there. After all, mediocre growth, decl ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Hasbro (HAS) : This company which is engaged in the design, manufacture and marketing of games and toys, has seen the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.Yelp (YELP) : This website which is engaged in providing information through online community offering social networking, has seen the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 daysV ...

Investor Inquiries: Media Inquiries: John Huyette Heather Beardsley +1 610-208-2061 +1 610-208-2278 jhuyette@cartech.com hbeardsley@cartech.com Exhibit 99.1 CARPENTER TECHNOLOGY REPORTS THIRD QUARTER FISCAL YEAR 2024 RESULTS Generated Positive Free Cash Flow PHILADELPHIA – May 1, 2024 – Carpenter Technology Corporation (NYSE: CRS) (the "Company") today announced financial results for the fiscal third quarter ended March 31, 2024. For the quarter, the Company reported operating income of $75.9 million, and e ...

Carpenter Technology Corporation (CRS) reported earnings of $1.19 per share for third-quarter fiscal 2024, surpassing the Zacks Consensus Estimate of 94 cents. The bottom line marked a solid improvement of 213% from the adjusted earnings of 38 cents per share in the year-ago quarter. Despite a decline in revenues due to lower volumes, CRS achieved this earnings improvement courtesy of improved productivity, product mix optimization and pricing actions.Including special items, earnings were 12 cents per shar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-5828 CARPENTER TECHNOLOGY CORPORATION (Exact name of Registrant as specified in its Charter) Delaware 23-0458500 ...

Carpenter Technology Corporation (NYSE:CRS) Q3 2024 Earnings Call Transcript May 1, 2024 10:00 AM ET Company Participants John Huyette - VP of IR Tony Thene - President and CEO Tim Lain - SVP and CFO Conference Call Participants Gautam Khanna - TD Cowen Josh Sullivan - The Benchmark Company Michael Leshock - KeyBanc Capital Markets Operator Good morning, and welcome to the Carpenter Technology Corporation Third Quarter 2024 Fiscal Conference Call. All participants will be in listen-only mode. [Operator Inst ...

• Leverage core strength in engineered materials and process capabilities to solve our customers current and anticipated challenges • Accelerating progress towards goal to double operating income vs. FY19 • Further growth anticipated beyond FY27 goal • Cash generation creates significant shareholder value 14 15 Non-GAAP Schedules © 2024 CRS Holdings, LLC. All rights reserved. 17 Management believes that removing the impact of raw material surcharge from operating margin provides a more consistent basis for ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Carpenter Technology (CRS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Carpenter Technology is one of 240 companies in the Basic Materials group. The Basic Materials group currently sits at #3 within the Zacks Sector Rank. The Zac ...