Carpenter Tech

Q4 FY2026 EarningsQ4 FY26 results significantly beat consensus expectations across all key profitability metrics, with Adjusted EPS of $3.23 exceeding the $3.08 mean estimate (+4.6%). Revenue was slightly lower than expected at $851.0M vs. $863.3M consensus, yet record operating income of $206.9M and SAO margins of 37.8% highlight superior operational execution and pricing power. Strong demand in Aerospace & Defense (sales up 17% YoY) and a robust FY27 operating income guidance of $850M-$880M (implying 21-25% growth) reinforce a positive outlook on the company's brownfield expansion and pricing strategy.