NYSE:CRSAerospace & Defense
Does Stronger Guidance And Buybacks Change The Bull Case For Carpenter Technology (CRS)?
Carpenter Technology Corporation recently reported higher year-on-year sales and earnings for the quarter and first half ended December 31, 2025, while also confirming a US$0.20 quarterly dividend and completing part of its ongoing share repurchase program.
On the same day, the company raised its fiscal 2026 operating income guidance to US$680 million–US$700 million and projected third-quarter operating income of US$177 million–US$182 million, underscoring management’s confidence in current...