secwatch.observer — SEC 8-K summary
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Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001628280-23-037045
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000162828023037045/0001628280-23-037045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000162828023037045/cxt-20231106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037045

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