10-QPeriod: Q3 FY2004

CARPENTER TECHNOLOGY CORP Quarterly Report for Q3 Ended Mar 31, 2004

Filed May 12, 2004For Securities:CRS

Summary

Carpenter Technology Corporation's (CRS) Q3 fiscal year 2004 report indicates a mixed financial performance. While the company has met its filing obligations and maintained its accelerated filer status, the unaudited financial statements reveal key performance indicators that warrant investor attention. Investors should examine the Consolidated Statement of Income for trends in revenue and profitability over the three and nine-month periods ending March 31, 2004, and compare them to the prior year. The balance sheet as of March 31, 2004, will provide insights into the company's asset base, liabilities, and overall financial health at the close of the quarter. The Management's Discussion and Analysis (MD&A) section is crucial for understanding the factors influencing these financial results. Investors should pay close attention to the "Forward-looking Statements" disclaimer, which highlights potential risks and uncertainties affecting future performance. Additionally, the "Quantitative and Qualitative Disclosures about Market Risk" and "Controls & Procedures" sections offer further context on the company's risk management strategies and internal controls, which are vital for assessing the sustainability of its operations and financial stability.

Key Highlights

  • 1The report covers the quarterly period ended March 31, 2004.
  • 2Carpenter Technology Corporation (CRS) is identified as an accelerated filer.
  • 3The filing includes unaudited consolidated financial statements: Balance Sheet, Statement of Income, Statement of Comprehensive Income, and Statement of Cash Flows.
  • 4Key periods covered for comparative analysis are the three and nine months ended March 31, 2004, and March 31, 2003.
  • 5Management's Discussion and Analysis (MD&A) of Financial Condition and Results of Operations is a key section for understanding performance drivers.
  • 6The report contains forward-looking statements, which investors should review carefully for potential risks and uncertainties.
  • 7Disclosures regarding Market Risk and Controls & Procedures are included to provide further insight into the company's operations and risk management.

Frequently Asked Questions

This 10-Q filing provides the unaudited quarterly financial statements and management's discussion of the financial condition and results of operations for Carpenter Technology Corporation for the period ended March 31, 2004. It is a mandatory SEC filing for publicly traded companies to keep investors informed about their financial performance between annual reports.

The key financial statements included are the Consolidated Balance Sheet as of March 31, 2004, and June 30, 2003; the Consolidated Statement of Income for the three and nine months ended March 31, 2004, and 2003; the Consolidated Statement of Comprehensive Income (Loss) for the same periods; and the Consolidated Statement of Cash Flows for the nine months ended March 31, 2004, and 2003.

Information regarding potential risks and the company's future outlook can be found in the "Management’s Discussion and Analysis of Financial Condition and Results of Operations" section, specifically within the "Forward-looking Statements" subsection. This part of the report discusses factors that may affect the company's future financial results.

Being an 'accelerated filer' means that Carpenter Technology Corporation meets certain size and filing history requirements, allowing them to file their annual reports on Form 10-K and quarterly reports on Form 10-Q more quickly after the period ends compared to non-accelerated filers. It generally indicates a larger market capitalization and a history of timely SEC filings.