---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-025601"
form_type: "8-K"
ticker: "CR"
cik: "0001944013"
company_name: "Crane Co"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:24:54.601040+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crane Q2 adj EPS $1.10, core sales up 5%; raises FY guidance to $3.80-$4.10

## Summary
- GAAP EPS $0.75; adjusted EPS $1.10; adjusted operating profit up 30% YoY.
- Revenue $510M, down 4% YoY with core sales up 5%, offset by Crane Supply divestiture.
- Adjusted operating margin 16.5%, up 430 bps; core backlog growth 15%.
- Raising full-year adj EPS guidance to $3.80-$4.10 from $3.60-$3.90; Q3 dividend $0.18/shr.
- Management cites ~$1B acquisition capacity, actively exploring bolt-on M&A.

## SEC filing metadata
- accession: 0001628280-23-025601
- form_type: 8-K
- ticker: CR
- cik: 0001944013
- company_name: Crane Co
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944013/000162828023025601/0001628280-23-025601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944013/000162828023025601/cr-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-025601
- JSON: https://secwatch.observer/filing/0001628280-23-025601.json
- Plain text: https://secwatch.observer/filing/0001628280-23-025601.txt

## Key facts
- Earnings Releases
  Crane Co reported full year 2023 results: EPS $3.80-$4.10. Guidance raised.
  - Period: full year 2023
  - EPS: $3.80-$4.10
  - Guidance: raised
  - Result: guidance update
  source text: • Raising adjusted EPS guidance to a range of $3.80-$4.10, from prior range of $3.60-$3.90.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944013/000162828023025601/0001628280-23-025601-index.htm

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