---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-140785"
form_type: "8-K"
ticker: "CXT"
cik: "0000025445"
company_name: "Crane NXT, Co."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:16:30.052576+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-140785
- form_type: 8-K
- ticker: CXT
- cik: 0000025445
- company_name: Crane NXT, Co.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25445/000119312523140785/0001193125-23-140785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25445/000119312523140785/d155848d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-140785
- JSON: https://secwatch.observer/filing/0001193125-23-140785.json
- Plain text: https://secwatch.observer/filing/0001193125-23-140785.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/25445/000119312523140785/0001193125-23-140785-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.