earnings
confidence high
sentiment positive
materiality 0.75
Crane NXT Q2 sales up 22% to $493M; raises FY adjusted EPS guidance to $4.22-$4.42
Crane NXT, Co.
- Q2 sales $493M (+22% YoY); organic sales +3%. GAAP EPS $0.61; adjusted EPS $1.10 (+13% YoY).
- Raises full-year adjusted EPS guidance to $4.22-$4.42 from $4.10-$4.40.
- SAT segment sales $226.7M (+17.5%); DTT segment sales $266.5M (+26.1%).
- Adjusted EBITDA $115.5M (23.4% margin); cash from ops $86.7M; free cash flow conversion 124%.
- CEO cites strong Antares Vision integration and Crane Business System implementation.