secwatch.observer — SEC 8-K summary
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Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2022-07-25T23:59:59+00:00
Accession:  0001628280-22-019387
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crane Holdings Q2 adj EPS $1.90, core sales +7%; reaffirms FY adj EPS $7.45-$7.85
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- GAAP EPS $4.93 vs $2.33 YoY; includes $3.58/share gain on sale of Crane Supply.
- Adjusted EPS $1.90 vs $1.93 YoY; core sales +7%, core orders +14%.
- Reaffirms FY adjusted EPS guidance $7.45-$7.85; raises GAAP EPS to $9.80-$10.20.
- Asbestos liability $580M as of June 30, 2022, vs $612M at Dec 31, 2021; no change in estimate.
- Progress on planned separation (early 2023) to unlock shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000162828022019387/0001628280-22-019387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000162828022019387/cr-20220725.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-019387

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer