Carpenter Technology (NYSE: CRS) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q3), Carpenter Technology missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share contracted significantly. GAAP earnings per share dropped.

Margins contracted across the board.

Revenue details
 Carpenter Technology logged revenue of $581.4 million. The seven analysts polled by S&P Capital IQ expected net sales of $606.7 million on the same basis. GAAP reported sales were 7.7% higher than the prior-year quarter's $539.9 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 $0.69. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.74 per share. Non-GAAP EPS of $0.69 for Q3 were 18% lower than the prior-year quarter's $0.84 per share. GAAP EPS of $0.62 for Q3 were 10% lower than the prior-year quarter's $0.69 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 17.4%, 210 basis points worse than the prior-year quarter. Operating margin was 9.1%, 270 basis points worse than the prior-year quarter. Net margin was 5.7%, 40 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $644.2 million. On the bottom line, the average EPS estimate is $0.83.

Next year's average estimate for revenue is $2.35 billion. The average EPS estimate is $2.96.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 381 members out of 406 rating the stock outperform, and 25 members rating it underperform. Among 121 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 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 $64.36.

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