Business
Carpenter Technology Reports Second Quarter Fiscal Year 2026 Results
Delivered Record Quarterly Operating IncomeExpanded Operating Margins in Specialty Alloys Operations SegmentExceeded Second Quarter Operating Income Guidance for Specialty Alloys Operations SegmentDemand Accelerating in Aerospace and Defense End-Use Market with Higher Sequential BookingsCompleted Negotiations for Several Aerospace Long-Term Agreements with Significant Value Realization Increased Operating Income Guidance for Fiscal Year 2026 PHILADELPHIA, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Carpen
About this update from Carpenter Technology Corporation
[{"type":"image","alt":"Carpenter Technology Corporation","displaySize":"","headline":null,"caption":"Carpenter Technology Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":254,"height":50,"url":"https://media.zenfs.com/en/globenewswire.com/79011da288250950be7b7131a33a7500"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AS4wWH6eHi7n1RDB.IMpwg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTgzO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/79011da288250950be7b7131a33a7500","width":254,"height":50}},"lazy":false},{"type":"text","content":"Delivered Record Quarterly Operating IncomeExpanded Operating Margins in Specialty Alloys Operations SegmentExceeded Second Quarter Operating Income Guidance for Specialty Alloys Operations SegmentDemand Accelerating in Aerospace and Defense End-Use Market with Higher Sequential BookingsCompleted Negotiations for Several Aerospace Long-Term Agreements with Significant Value Realization Increased Operating Income Guidance for Fiscal Year 2026","length":455,"tagName":"p"},{"type":"text","content":"PHILADELPHIA, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal second quarter ended December 31, 2025. For the quarter, the Company reported operating income of $155.2 million and earnings per diluted share of $2.09. Excluding the special item discussed below, adjusted earnings per diluted share was $2.33 for the current quarter.","length":426,"tagName":"p"},{"type":"text","content":"Second Quarter Fiscal Year 2026 Highlights","length":42,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Delivered $155.2 million of operating income, up 31 percent year-over-year and a record second quarter result","length":109,"tagName":"p"}]},{"val":[{"type":"text","content":"Realized adjusted earnings per diluted share of $2.33 in the quarter","length":68,"tagName":"p"}]},{"val":[{"type":"text","content":"Generated $132.2 million of cash from operating activities","length":58,"tagName":"p"}]},{"val":[{"type":"text","content":"Exceeded expectations in Specialty Alloys Operations (“SAO”) segment with operating income of $174.6 million, up 29 percent year-over-year","length":138,"tagName":"p"}]},{"val":[{"type":"text","content":"Delivered adjusted operating margin of 33.1 percent in the SAO s...