Filing Flows › Carpenter Technology (CRS) › Guidance history
Carpenter Technology (CRS) guidance history: what it guided and what it reported
Carpenter Technology gave guidance in 11 earnings releases on file since May 3, 2024. Its releases raised guidance 8 times and lowered it 0 times.
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | 37.8% (Jul 30, 2026) | — | to be reported | — |
| FY26 | 30.5% (Aug 6, 2025) | — | — | — |
| FY25 | 26.3% (Oct 29, 2024) | — | — | — |
Operating income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $850M–$880M (Jul 30, 2026) → reaffirmed $850M–$880M (Oct 22, 2026) | — | to be reported | — |
| FY29 | $1.2B–$1.3B (Jul 30, 2026) → reaffirmed $1.2B–$1.3B (Oct 22, 2026) | — | to be reported | — |
| FY26 | $680M–$700M (Jan 29, 2026) | — | — | — |
| FY25 | $460M–$500M (Oct 29, 2024) → raised $500M–$520M (Feb 3, 2025) | — | — | — |
| Q1 FY25 | $114M–$120M (Jul 29, 2024) | — | — | — |
| Q4 FY24 | $110M–$115M (May 3, 2024) | — | — | — |
Free cash flow
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $985M (Oct 22, 2026) | — | to be reported | — |
Adjusted free cash flow
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | $240M–$280M (Oct 23, 2025) → raised $280M (Jan 29, 2026) → raised $350M (Apr 29, 2026) | — | — | — |
The latest quarter
Carpenter Technology, Q1 FY27: revenue $798M (+9% year over year), operating margin 24.6%, net earnings $162M, operating cash flow $52.8M. The chart follows the revenue to costs, profit and cash.
Questions
Does Carpenter Technology beat its guidance?
Carpenter Technology gave guidance in 11 earnings releases on file since May 3, 2024. Its releases raised guidance 8 times and lowered it 0 times.
How often does Carpenter Technology raise guidance?
Its earnings releases raised guidance 8 times and lowered it 0 times since May 3, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.