---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-010140"
form_type: "8-K"
ticker: "CXT"
cik: "0000025445"
company_name: "Crane NXT, Co."
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T05:09:07.495369+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crane Co. Q1 adjusted EPS $1.81 (+15% YoY); signs deal to divest Crane Supply for CAD 380M

## Summary
- GAAP EPS $1.64 vs $1.75 prior year; record adjusted EPS $1.81, up 15% YoY.
- Core sales +5%, core orders +12% YoY; completed $300M share repurchase program.
- Signed agreement to divest Crane Supply for CAD 380M to streamline Process Flow Technologies.
- Updated GAAP EPS guidance to $6.35-$6.75; reiterated adjusted EPS guidance $7.00-$7.40.
- Asbestos liability unchanged at $600M; pending claims 30,312; Q1 costs incurred $13.0M.

## SEC filing metadata
- accession: 0001628280-22-010140
- form_type: 8-K
- ticker: CXT
- cik: 0000025445
- company_name: Crane NXT, Co.
- filed_at: 2022-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25445/000162828022010140/0001628280-22-010140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25445/000162828022010140/cr-20220425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-010140
- JSON: https://secwatch.observer/filing/0001628280-22-010140.json
- Plain text: https://secwatch.observer/filing/0001628280-22-010140.txt

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