secwatch.observer — SEC 8-K summary
======================================

Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001628280-23-001403
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000162828023001403/0001628280-23-001403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000162828023001403/cr-20230123.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-001403

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