Workflow
CRS Tops Q3 Earnings Estimates, Raises FY25 Operating Profit View
CRSCarpenter(CRS) ZACKS·2025-04-25 23:50

Carpenter Technology Corporation (CRS) reported earnings of 1.88pershareforthird−quarterfiscal2025,surpassingtheZacksConsensusEstimateof1.88 per share for third-quarter fiscal 2025, surpassing the Zacks Consensus Estimate of 1.74. The bottom line marked an improvement of 58% from adjusted earnings of 1.19 pershareintheyear−agoquarter.Theupsideisdrivenbyongoingimprovementsintheproductmixandoperatingefficiencies.Netrevenuesincreased6.11.19  per share in the year-ago quarter. The upside is driven by ongoing improvements in the product mix and operating efficiencies.Net revenues increased 6.1% year over year to 727 million in the reported quarter. However, the figure missed the Zacks Consensus Estimate of $732 mil ...