Crane Q4 GAAP EPS $1.87 (+53% YoY); adjusted EPS record $2.13 (+63%); separation on track for April 2023

Crane NXT, Co.

2022-FY EPS reported $7.01 revenue$3,374,900,000

Q4 GAAP operating margin 15.7% (+440bps YoY); adjusted operating margin record 18.6% vs 12.0% last year.
Q4 core sales +11%, core orders +15%, core backlog +28% YoY.
Full year 2022 GAAP EPS $7.18; adjusted EPS $7.88 (+15% YoY vs $6.88).
Separation into Crane Company and Crane NXT remains on schedule for early April 2023.
Initial 2023 guidance issued for both post-separation entities; details in earnings presentation.

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 quarter ended December 31, 2022 results: EPS $1.87 per share. Guidance initiated.

Period: the quarter ended December 31, 2022
EPS: $1.87 per share
Guidance: initiated
Result: reported results

Exact text from the filing

Fourth quarter GAAP earnings per diluted share (EPS) increased 53% to $1.87 per share

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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 0001628280-23-001403

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