Carpenter Technology (CRS) reported fiscal Q3 adjusted earnings Thursday of $1.88 per diluted share, up from $1.19 a year earlier.
Analysts polled by FactSet expected $1.74.
Net sales for the quarter that ended March 31 were $727 million, up from $684.9 million a year ago.
Analysts surveyed by FactSet expected $729.8 million.
The company said it now expects fiscal 2025 operating income of between $520 million and $527 million, compared with its earlier guidance of $500 million to $520 million.
Analysts polled by FactSet expect $512.2 million.
Carpenter also said it expects fiscal Q4 operating income of $146 million to $153 million. Analysts surveyed by FactSet expect $148.1 million.
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