Carpenter Technology Corporation (CRS) CEO Tony Thene on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-02-02 Earnings Summary

EPS of -$0.58 beats by $0.06
 | Revenue of $396.00M (13.53% Y/Y) beats by $47.67M

Carpenter Technology Corporation (NYSE:CRS) Q2 2022 Results Conference Call February 2, 2022 10:00 AM ET

Company Participants

Brad Edwards - Investor Relations
Tony Thene - President and Chief Executive Officer
Tim Lain - Senior Vice President and Chief Financial Officer

Conference Call Participants

Josh Sullivan - Benchmark Company
Michael Leshock - KeyBanc Capital Markets
Matthew Fields - Bank of America Merrill Lynch

Operator

Good day, and welcome to the Carpenter Technology Corporation Second Quarter Fiscal Year 2022 Conference Call. [Operator Instructions]

Please note this event is being recorded. I would now like to turn the conference over to Brad Edwards, Investor Relations. Please go ahead.

Brad Edwards

Thank you, operator. Good morning, everyone. Welcome to the Carpenter Technology Earnings Conference Call for the fiscal 2022 second quarter ended December 31, 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 these 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, 2021, Form 10-Q for the quarter ended September 30, 2021, and the exhibits attached to those filings.

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

I will now turn the call over to Tony.

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