Why is CRS down?
Down 23% so far from Oct 19 to Nov 2.
- Its Oct 22 results:
Down 23% so far from Oct 19 to Nov 2.
CRS's Quality Score fell 2 points on Fri, Oct 30, to 2. Its volume eased back to normal (2 chart checks stopped).
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| Long-term trend | −2 |
| Latest filing | 8-K, Oct 22 |
After its last 4 reports it closed +2.1% on average, higher 3 of 4 times.
CRS is #9 of 12 by Quality Score among Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens).
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Net income over four quarters: CRS $530M, NUE $2.88B, STLD $1.61B, CMC $656M.
Expected to report Thu Jan 28, before the open (in 87 days). Expected.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
“Net sales excluding surcharge increased 7% year-over-year driven by increased sales to Aerospace and Defense end-use market”
CRS's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| SAO operating income | $214M to $218M |
“Q2-27 operating income expected to be similar to Q1-27 results”
From its results filing (SEC filing · Oct 22)
Sales grew 16% a year over 5 years, fiscal 2021 to 2026.
Pays $0.80 a share a year.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Oct 22, 2026 | -2.8% | -2.6% | +2.2% |
| Jul 30, 2026 | +2.1% | +3.2% | +10.6% |
| Apr 29, 2026 | +1.3% | +5.3% | +12.7% |
Sales grew in five of the last seven years, to $3.1B in 2026. It made a profit in six of the eight years.
4 insiders sold $55.7M across 25 filings in the last 6 months. No open-market buys on record. The newest:
3 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: CRS is under 0.1% of SCHG and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
CRS scores 2 today, which Breakaway calls Below Average. It is #9 of 12 in Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) by Quality Score, with 0 of 14 chart checks firing. Down 23% so far from Oct 19 to Nov 2. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
CRS scores 2 today, which Breakaway calls Below Average (0 to 5). That is #9 of 12 in Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind CRS's 2.
4 insiders sold $55.7M across 25 filings in the last 6 months. No open-market buys on record. The newest is Steven E. Karol, Director, who sold $1.6M on Sep 4. Every filing, with the scored weight, for Pro members.
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