Carpenter Technology Corporatio (CRS) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.25
- Estimate
- $3.03
- Surprise
- +7.2%
- Revenue (period 2026-09-30)
- $798.2M
- Score at report (before → after)
- 6.2 → 6.1/10
Revenue source: xbrl.
How the report landed
Carpenter Technology Corporatio (CRS) beat the $3.03 estimate with adjusted EPS of $3.25 — a clear 7.2% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Hold at 6.1/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CRS Hold at 6.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +7.2% surprise compares with a +5.4% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.4 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Sector modifier (Industrials): -0.7
- Negative momentum
- Momentum score 3.0/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $292.26
- Price target
- $445.44
- Stop
- $275.73
- Upside to target
- +52.4%
- Reward-to-risk
- 4.3:1
The stock trades at 25.8× trailing but 18.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 10 — a level conventionally read as oversold; trading volume is running 3.4× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-23 — shown for context, not personalized investment advice.
CRS at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Metal Fabrication
- Market cap
- $14.48B
- P/E (fwd)
- 18.3
- P/E (ttm)
- 25.8
- 52-week range
- $262.25–$625.99
- Off 52-week high
- 53.3%
- RSI (14)
- 10
- Volume vs avg
- 3.44×
- Score today
- 6.1/10