Carpenter Technology Corp. (CRS) CEO Tony Thene on Q4 2019 Results - Earnings Call Transcript

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Carpenter Technology Corp. (NYSE:CRS) Q4 2019 Earnings Conference Call August 1, 2019 10:00 AM ET

Company Participants

Brad Edwards - Investor Relations

Tony Thene - President and Chief Executive Officer

Tim Lain - Vice President and Chief Financial Officer

Conference Call Participants

Gautam Khanna - Cowen and Company

Chris Olin - Longbow Research

Josh Sullivan - Seaport Global

Phil Gibbs - KeyBanc Capital Markets


Good day, and welcome to the Carpenter Technology Corporation fourth-quarter fiscal-year 2019 financial results conference call. [Operator Instructions]

Please note this event is being recorded. Now, I would like to turn the conference over to Mr. Brad Edwards, investor relations. Please go ahead, sir.

Brad Edwards

Thank you, operator. Good morning, everyone, and welcome to the Carpenter Technology earnings conference call for the fiscal fourth quarter and year ended June 30, 2019. This call is also being broadcast over the Internet along with presentation slides. Please note, for those of you listening by phone, you may experience a time delay in slide movement.

Speakers on the call today are Tony Thene, President and Chief Executive Officer; and Tim Lain, Vice President and Chief Financial Officer. Statements made by management during this earnings presentation that are forward-looking statements are based on current expectations. Risk factors that could cause actual results to differ materially from those forward-looking statements can be found in Carpenter Technology's most recent SEC filings, including the company's report on Form 10-K for the year ended June 30, 2018, Form 10-Q for the quarters ended September 30, 2018, December 31, 2018, and March 31, 2019, and the exhibits attached to those filings. Please also note that in the following discussion, unless otherwise noted, when management discusses sales or revenue that reference excludes surcharge. When referring to operating margins, that is based on operating income and sales, excluding surcharge.

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