Crane NXT Q1 GAAP EPS $0.76, Adjusted EPS $0.97; raises FY guidance to $3.75-$4.05

Crane NXT, Co.

2023-Q1 EPS reported $1.84 revenue$842,900,000

GAAP diluted EPS $0.76, Adjusted EPS $0.97; core sales +3%, backlog +34%.
GAAP operating margin 20.0%, adjusted margin 23.3%.
CPI segment net sales $224M (+10% core); operating margin 27.6% (adjusted 30.1%).
Full-year Adjusted EPS guidance raised to $3.75-$4.05 from prior $3.65-$3.95.
Q2 dividend declared at $0.14/share.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Crane NXT, Co. reported the first quarter of 2023 results: revenue $ 329.1, net income $ 43.7, EPS $0.76. Guidance raised.

Period: the first quarter of 2023
Revenue: $ 329.1
Net income: $ 43.7
EPS: $0.76
Guidance: raised
Result: reported results

Exact text from the filing

BUSINESS OF CRANE HOLDINGS, CO.) CONDENSED COMBINED STATEMENTS OF OPERATIONS (UNAUDITED) Three Months Ended March 31, (in millions, except per share data) 2023 2022 Net sales $ 329.1 $ 332.6 Operating costs and expenses: Cost of sales 174.4 179.1 Selling, general and administrative 88.8 76.6 Operating profit 65.9 76.9 Other (expense) income: Interest income

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

Crane NXT, Co. filing history →

Source: SEC EDGAR

accession 0001193125-23-140785

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