---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-026898"
form_type: "8-K"
ticker: "CXT"
cik: "0000025445"
company_name: "Crane NXT, Co."
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:45:16.198271+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crane Holdings reports Q3 GAAP loss of $1.06/sh, adjusted EPS $1.86; narrows FY adjusted EPS guidance

## Summary
- GAAP net loss $1.06 per share includes $2.89/sh after-tax loss on August asbestos divestiture; GAAP EPS guidance lowered to $6.58-$6.72.
- Adjusted EPS $1.86 vs $1.98 YoY; adjusted operating margins 17.6%; core sales +2%, core orders +10%.
- Full-year 2022 adjusted EPS guidance reaffirmed midpoint, narrowed to $7.58-$7.72 from $7.45-$7.85.
- Separation into Crane NXT on track for early April 2023; Aaron W. Saak appointed Crane NXT President and CEO.
- Asbestos divestiture completed in August removes all asbestos liabilities from balance sheet.

## SEC filing metadata
- accession: 0001628280-22-026898
- form_type: 8-K
- ticker: CXT
- cik: 0000025445
- company_name: Crane NXT, Co.
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25445/000162828022026898/0001628280-22-026898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25445/000162828022026898/cr-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-026898
- JSON: https://secwatch.observer/filing/0001628280-22-026898.json
- Plain text: https://secwatch.observer/filing/0001628280-22-026898.txt

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