The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Carpenter Technology's revenues will grow 23.9% and EPS will expand 7.0%.
The average estimate for revenue is $534.0 million. On the bottom line, the average EPS estimate is $0.61.
Last quarter, Carpenter Technology booked revenue of $544.9 million. 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.
Last quarter, EPS came in at $0.74. 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.
For the preceding 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.
The full year's average estimate for revenue is $2.39 billion. The average EPS estimate is $3.08.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 387 members out of 411 rating the stock outperform, and 24 members rating it underperform. Among 140 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 137 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.
Worried about inflation? Interested in gold? Find out the best way to profit in both scenarios a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Carpenter Technology to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.