Carpenter Technology Corporation's (CRS) CEO Tony Thene on Q4 2021 Results - Earnings Call Transcript

Carpenter Technology Corporation (NYSE:CRS) Q4 2021 Earnings Conference Call July 29, 2021 10:00 AM ET

Company Participants

Brad Edwards - Investor Relations
Tony Thene - President and Chief Executive Officer
Timothy Lain - Chief Financial Officer

Conference Call Participants

Gautam Khanna - Cowen
Michael Leshock - KeyBanc Capital Markets

Operator

Hello and welcome to the Carpenter Technology Corporation Fourth Quarter Fiscal 2021 Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note, today's event is being recorded. I will now turn the conference over to Brad Edwards, Investor Relations. Mr. Edwards, please go ahead.

Brad Edwards

Thank you, operator. Good morning, everyone, and welcome to the Carpenter Technology earnings conference call for the fiscal 2021 fourth quarter and full year ended June 30, 2021. 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, Senior 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, 2020, Form 10-Q for the quarters ended September 30, 2020, December 31, 2020, and March 31, 2021, and the exhibits attached to those filings.

Please also note that in the following discussion, unless otherwise noted, when management discuss sales or revenue, that reference excludes surcharge. When referring to operating margins, that is based on operating income and