Carpenter Technology (CRS) to Release Earnings on Thursday

Posted by Stanley Muller on Jul 23rd, 2026

Carpenter Technology (NYSE:CRS – Get Free Report) is expected to be posting its Q4 2026 results before the market opens on Thursday, July 30th. Analysts expect Carpenter Technology to announce earnings of $3.09 per share and revenue of $863.3310 million for the quarter. Parties can check the company’s upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Carpenter Technology (NYSE:CRS – Get Free Report) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.18. The company had revenue of $655.60 million for the quarter, compared to the consensus estimate of $797.00 million. Carpenter Technology had a net margin of 15.82% and a return on equity of 25.02%. Carpenter Technology’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.88 earnings per share. On average, analysts expect Carpenter Technology to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Carpenter Technology Stock Up 0.0%

CRS stock opened at $589.03 on Thursday. Carpenter Technology has a one year low of $228.00 and a one year high of $625.98. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.08 and a current ratio of 3.73. The firm has a market cap of $29.27 billion, a PE ratio of 62.00, a PEG ratio of 1.66 and a beta of 1.22. The firm’s 50 day moving average price is $533.86 and its 200-day moving average price is $436.67.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CRS shares. Wells Fargo & Company boosted their price objective on shares of Carpenter Technology from $400.00 to $425.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. increased their price target on Carpenter Technology from $470.00 to $705.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Susquehanna boosted their target price on shares of Carpenter Technology from $495.00 to $680.00 and gave the stock a “positive” rating in a research note on Thursday, July 9th. TD Cowen increased their price target on shares of Carpenter Technology from $470.00 to $650.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Weiss Ratings lowered Carpenter Technology from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Carpenter Technology has an average rating of “Buy” and a consensus target price of $556.75.

Check Out Our Latest Analysis on CRS

Insiders Place Their Bets

In other news, Director Anastasios John Hart sold 750 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $423.86, for a total transaction of $317,895.00. Following the sale, the director owned 750 shares of the company’s stock, valued at $317,895. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Marshall D. Akins sold 11,815 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $441.36, for a total value of $5,214,668.40. Following the completion of the sale, the vice president directly owned 18,344 shares in the company, valued at $8,096,307.84. This trade represents a 39.18% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Carpenter Technology

Large investors have recently bought and sold shares of the stock. Invesco Ltd. boosted its stake in shares of Carpenter Technology by 18.8% during the fourth quarter. Invesco Ltd. now owns 2,071,657 shares of the basic materials company’s stock valued at $652,241,000 after acquiring an additional 327,302 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in Carpenter Technology by 60.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 2,213 shares of the basic materials company’s stock worth $697,000 after purchasing an additional 835 shares during the period. Corient Private Wealth LLC purchased a new stake in Carpenter Technology during the fourth quarter valued at about $386,000. Mercer Global Advisors Inc. ADV grew its holdings in shares of Carpenter Technology by 22.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,127 shares of the basic materials company’s stock worth $1,929,000 after purchasing an additional 1,139 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Carpenter Technology by 4.3% in the fourth quarter. Raymond James Financial Inc. now owns 464,985 shares of the basic materials company’s stock worth $147,572,000 after acquiring an additional 19,345 shares in the last quarter. Institutional investors and hedge funds own 92.03% of the company’s stock.

About Carpenter Technology

(Get Free Report)

Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts. It serves to aerospace, defense, medical, transportation, energy, industrial, and consumer markets.