Carpenter Technology Expects Q2 2026 Operating Income Of $152M-$156M
Author: Benzinga Newsdesk | October 23, 2025 07:06am
Outlook
For the second quarter of fiscal year 2026, anticipate between $152 million to $156 million in operating income
Expect fiscal year 2026 operating income to be in the range of $660 million to $700 million, representing a 26 percent to 33 percent increase over fiscal year 2025, with line of sight to the high end of the range from increased volume, pricing actions and productivity all contributing to higher profitability
Project fiscal year 2026 adjusted free cash flow of $240 million to $280 million, net of $175 million to $185 million of spending related to the brownfield capacity expansion project
Committed to fiscal year 2027 target of $765 million to $800 million in operating income with opportunities to exceed
Well-positioned for continued growth beyond fiscal year 2027 with market dynamics continuing to strengthen and additional capacity coming online