{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-034914","form_type":"8-K","ticker":"CR","cik":"0001944013","company_name":"Crane Co","filed_at":"2023-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.437803+00:00","generated_at":"2026-06-09T17:23:49.581441+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crane Q3 EPS $0.96, adj $1.03; raises guidance to $4.05-$4.20; acquires Baum for $91M","bullets":["GAAP EPS $0.96; adjusted EPS $1.03; core sales up 9% YoY to $530M.","Adjusted operating profit $81M, up 42% YoY; margins expanded 340bps to 15.2%.","Raised full-year adjusted EPS guidance to $4.05-$4.20 from $3.80-$4.10.","Acquired Baum lined piping GmbH for ~$91M; bolt-on for Process Flow Technologies chemical business.","Declared Q4 dividend of $0.18 per share."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-034914","json":"https://secwatch.observer/filing/0001628280-23-034914.json","markdown":"https://secwatch.observer/filing/0001628280-23-034914.md","text":"https://secwatch.observer/filing/0001628280-23-034914.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1944013/000162828023034914/0001628280-23-034914-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1944013/000162828023034914/cr-20231023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T17:23:49.581441+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0dd60787ff075bea4d718d3afa694fccbffe37ea","claim":"Crane Co reported the quarter ended September 30, 2023 results: revenue $530, EPS $0.96. Guidance raised.","evidence_excerpt":"Third quarter 2023 GAAP earnings from continuing operations per diluted share (EPS) was $0.96, and adjusted EPS was $1.03. Third quarter sales increased 10%, with 9% core sales growth and a 1% benefit from favorable foreign exchange. Operating profit from continuing operations of $76 million compared to an operating loss of $117 million last year, with the prior year loss related to the sale of the Company's asbestos liability. Adjusted operating profit from continuing operations of $81 million increased 42% from the prior year. Summary of Third Quarter 2023 Results from Continuing Operations Third Quarter Change (unaudited, dollars in millions) 2023 2022 $ % Net sales $530 $480 $ 50 10 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1944013/000162828023034914/0001628280-23-034914-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$530"},{"label":"EPS","value":"$0.96"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}