Carpenter Technology Q4 revenue misses, adjusted EPS beats expectations

Overview

• Carpenter fiscal Q4 revenue missed analyst expectations, adjusted EPS beat, per LSEG data

• Company delivered record operating income and adjusted free cash flow in fiscal Q4

• Company reports most profitable year in its history

Outlook

• Carpenter expects FY2026 operating income of $660 mln to $700 mln

• Company anticipates $240 mln to $280 mln in adjusted free cash flow for FY2026

• Carpenter targets FY2027 operating income of $765 mln to $800 mln

Result Drivers

• AEROSPACE AND DEFENSE - Increased sales in Aerospace and Defense markets drove revenue growth

• SAO PERFORMANCE - Specialty Alloys Operations segment exceeded expectations with 30.5% operating margin

• CASH FLOW - Generated $201.3 mln in adjusted free cash flow due to improved working capital

Key Details

Press Release: ID:nGNX6hN5qJ