Latest Carpenter Technology News & Updates

See the latest news and media coverage for Carpenter Technology. We track all announcements, press releases, and industry mentions in real time, all in one place.

Carpenter Technology

Specialty materials manufacturer and alloy solutions provider

carpentertechnology.com

Headquarters: Philadelphia, United States
Founded year: 1889
Company type: Public company
Number of employees: 3,300–5,000
Industry: Iron & Steel

Last updated October 22

Latest news about Carpenter Technology

In short: Carpenter Technology posted record Q1 operating income but shares fell 22% on a revenue miss.

Company announcements

October 22 Carpenter Technology

Carpenter Technology reports record first quarter operating income

Operating income rose 28% to $196.4 million, driven by productivity gains and strong aerospace demand.

August 12 Carpenter Technology

Carpenter Technology declares quarterly cash dividend of $0.20 per share

Board-approved dividend payable September 3, 2026, to shareholders of record on August 25, 2026.

August 12 Carpenter Technology

Carpenter Technology approves new $1.0 billion share repurchase program

The board authorized repurchases after completing its prior $400 million program. Management cites strong cash flow and growth outlook, including a fiscal 2027 expectation of significant growth.

July 30 Carpenter Technology

Carpenter Technology reports record fiscal year 2026 operating income

Quarterly operating income was $206.9 million, and the company expects fiscal 2027 operating income of $850-$880 million.

Media coverage

October 22 WFMZ

Carpenter Technology reports 3rd-quarter results, decline in operating income, stock price drops

Nevertheless, Carpenter projected a substantial increase in operating income for the year and sees continuing strong growth beyond fiscal 2027.

October 21 TMCnet

Lost Money on Carpenter Technology Corporation Shares? The Law Offices of Frank R. Cruz Investigates Potential Securities Fraud After 20.62% Stock Decline

On October 22, 2026, Carpenter Technology reported first quarter 2027 earnings, including, among other things, revenue of $798.2 million, missing consensus by $32.49M, and Specialty...

October 20 RTTNews

Carpenter Technology Corp. Reveals Advance In Q1 Profit

Carpenter Technology Corp. ( CRS) reported earnings for its first quarter that Increased, from last year The company's earnings came in at $162.5 million, or...

October 16 Grafa

Carpenter Technology Q1 operating income rises 28%

Carpenter Technology fiscal Q1 2027 operating income rose 28% to $196.4 million as sales reached $798.2 million and EPS ...

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