Carpenter Technology Corporation reported earnings results for the third quarter and nine months ended March 31, 2025. For the third quarter, the company reported sales was USD 727 million compared to USD 684.9 million a year ago. Net income was USD 95.4 million compared to USD 6.3 million a year ago. Basic earnings per share from continuing operations was USD 1.9 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 1.88 compared to USD 0.12 a year ago. For the nine months, sales was USD 2,121.5 million compared to USD 1,961.1 million a year ago. Net income was USD 264.3 million compared to USD 92.9 million a year ago. Basic earnings per share from continuing operations was USD 5.27 compared to USD 1.87 a year ago. Diluted earnings per share from continuing operations was USD 5.21 compared to USD 1.85 a year ago.
Carpenter is a Pennsylvania-based metal company that manufactures and distributes products such as stainless steel and titanium for industries such as aerospace and utility.