Carpenter Technology (NYSE: CRS) reported earnings on Oct. 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Carpenter Technology missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share expanded significantly.

Margins grew across the board.

Revenue details
Carpenter Technology logged revenue of $544.9 million. The seven analysts polled by S&P Capital IQ predicted sales of $574.0 million on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $414.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.74. The nine earnings estimates compiled by S&P Capital IQ averaged $0.75 per share. GAAP EPS of $0.74 for Q1 were 40% higher than the prior-year quarter's $0.53 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 20.1%, 50 basis points better than the prior-year quarter. Operating margin was 11.3%, 30 basis points better than the prior-year quarter. Net margin was 7.2%, 150 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $606.8 million. On the bottom line, the average EPS estimate is $0.79.

Next year's average estimate for revenue is $2.55 billion. The average EPS estimate is $3.48.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 390 members out of 414 rating the stock outperform, and 24 members rating it underperform. Among 133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 130 give Carpenter Technology a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Carpenter Technology is outperform, with an average price target of $68.25.

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