8-KEarnings & ResultsExhibits & Filings

CARPENTER TECHNOLOGY CORP 8-K Report, Financial Results (Jul 28, 2017)

Filed July 28, 2017For Securities:CRS

Summary

Carpenter Technology Corporation (CRS) filed an 8-K on July 28, 2017, to report its fiscal year 2017 fourth quarter and full-year results, as announced in a press release dated July 27, 2017. While the filing itself is brief, it signifies the official release of the company's performance for the period ending June 30, 2017. Investors should refer to the furnished press release (Exhibit 99.1) for the detailed financial performance and operational commentary. The filing confirms that Carpenter Technology is an emerging growth company and provides the standard disclosure regarding the election not to use extended transition periods for new or revised financial accounting standards. This suggests the company is aligning its reporting with the latest accounting regulations.

Key Highlights

  • 1Carpenter Technology Corp. (CRS) reported its fiscal 2017 fourth quarter and full-year financial results on July 27, 2017.
  • 2The official announcement of these results was made via a press release, furnished as Exhibit 99.1 to the 8-K filing.
  • 3The 8-K filing is dated July 28, 2017.
  • 4The company confirmed its status as an emerging growth company.
  • 5Carpenter Technology has elected not to use the extended transition period for adopting new or revised financial accounting standards.
  • 6The Senior Vice President and Chief Financial Officer, Damon J. Audia, signed the report.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly report Carpenter Technology Corporation's financial results for its fiscal year 2017 fourth quarter and the full year, as announced in their earnings press release dated July 27, 2017.

The detailed financial results and operational commentary are contained within the press release issued by Carpenter Technology on July 27, 2017, which is furnished as Exhibit 99.1 to this 8-K filing. The 8-K itself does not contain the detailed financial data.

This election means that Carpenter Technology will adopt new or revised financial accounting standards as they become effective, without availing itself of any extended compliance periods that might be offered to emerging growth companies. This indicates a commitment to timely adoption of accounting changes.

This specific 8-K filing primarily serves to report past financial results through the furnished press release. Any forward-looking statements would typically be found within that press release itself, rather than in the 8-K filing document.