Financial PerformanceCarpenter Technology reported adjusted EPS above consensus estimates due to productivity, improved mix, and higher pricing.
Investment And ExpansionThe $400M investment in the Athens VIM facility is adding significant capacity to a long-term structurally short alloy market, with Carpenter Technology Corp having a strong operational competitive advantage.
Pricing PowerPricing power remains a pillar of the analyst's Overweight thesis for CRS, supported by an attractive outlook for more than 75% of the company’s end market exposure.