Carpenter Technology: More Upside With Profitable Growth Just Getting Started
Carpenter(CRS) Seeking Alpha·2024-02-02 11:19
kyonntra/E+ via Getty ImagesCarpenter Technology Corporation (NYSE:CRS) reported its latest quarterly results highlighted by solid growth and firming margins. The combination of easing inflationary cost pressures and a strong demand environment has translated into good business for this leading manufacturer of high-performance specialty alloys and engineered materials. Management is guiding for a ramp-up in profitability going forward with some impressive targets looking out over the next few years. We ...