Carpenter Technology reports Q3 adjusted EPS $1.88, consensus $1.74

Reports Q3 revenue $727M, consensus $729.35M. “In the third quarter of fiscal year 2025 we generated a record $137.8 million of operating income, exceeding our previous guidance” said Tony R. Thene, President and CEO of Carpenter Technology (CRS). “Notably, the SAO segment expanded their adjusted operating margin to 29.1 percent, up from 21.4 percent in the third quarter a year ago, representing the thirteenth quarter in a row with increasing adjusted operating margins. As a result, the SAO segment realized $151.4 million in operating income, also exceeding expectations for the quarter.”