Wall Street Remains Positive on Carpenter Technology (CRS) Despite Revenue Miss

Reported 3 days ago

Carpenter Technology Corporation (NYSE:CRS) is viewed favorably by analysts on Wall Street even after missing revenue estimates for FQ4 2025, leading to a 2.74% drop in stock value. Analysts from JPMorgan and BTIG suggest that this decline presents a buying opportunity due to positive indicators from the earnings call, such as an 18% quarter-over-quarter increase in bookings. The firm specializes in manufacturing and distributing specialty metals and alloys.

Source: YAHOO

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