CRS - Carpenter Technology: More Upside With Profitable Growth Just Getting Started
2024-02-01 22:19:03 ET
Summary
- Carpenter Technology reported its Q2 earnings with EPS up sharply over the past year.
- The company is benefiting from strong demand for its specialty alloys and high-performance materials across most end markets.
- We believe the recent selloff offers a new buying opportunity to pick up a high-quality industrial mid-cap with a positive long-term outlook.
Carpenter Technology Corporation ( CRS ) reported its latest quarterly results highlighted by solid growth and firming margins. The combination of easing inflationary cost pressures and a strong demand environment has translated into good business for this leading manufacturer of high-performance specialty alloys and engineered materials....
Carpenter Technology: More Upside With Profitable Growth Just Getting Started