Crane NXT Q3 adj EPS $1.09, core sales up 4%; raises FY guidance low end to $4.00

Crane NXT, Co.

2023-Q3 EPS reported $2.42 revenue$1,034,400,000

GAAP EPS $0.90, Adjusted EPS $1.09; core sales grew 4% YoY to $352.9M.
Adjusted operating profit margin 26.0%, up 10 bps from 25.9% a year ago.
Repaid $125M of term loan, reducing net leverage to 1.3x.
Raised low end of FY2023 adjusted EPS guidance; new range $4.00-$4.15 from $3.85-$4.15.
Declared Q4 dividend of $0.14 per share.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Crane NXT, Co. reported the third quarter ended September 30, 2023 results: revenue $352.9 million, EPS $0.90. Guidance raised.

Period: the third quarter ended September 30, 2023
Revenue: $352.9 million
EPS: $0.90
Guidance: raised
Result: reported results

Exact text from the filing

Third quarter 2023 GAAP EPS was $0.90, and Adjusted EPS was $1.09. Third quarter 2023 sales were $352.9 million

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Source: SEC EDGAR

accession 0001628280-23-037045

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