---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-002448"
form_type: "8-K"
ticker: "CR"
cik: "0001944013"
company_name: "Crane Co"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T16:09:20.387878+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Crane Q4 EPS $0.86/$0.90 adj; guides FY24 adj EPS $4.55-$4.85; raises dividend 14%

## Summary
- Q4 GAAP EPS $0.86, adjusted EPS $0.90; sales $533M +10% YoY (+5% core).
- Operating profit $67M (+38%); adj operating profit $75M (+14%); margin 14.0%.
- FY2024 adj EPS guidance $4.55-$4.85, ~10% growth from 2023 adjusted EPS.
- Annual dividend raised 14% to $0.82; Q1 dividend $0.205 per share.
- Completed acquisitions of Baum lined piping (Oct'23) and Vian Enterprises (Jan'24).

## SEC filing metadata
- accession: 0001628280-24-002448
- form_type: 8-K
- ticker: CR
- cik: 0001944013
- company_name: Crane Co
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944013/000162828024002448/0001628280-24-002448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944013/000162828024002448/cr-20240129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-002448
- JSON: https://secwatch.observer/filing/0001628280-24-002448.json
- Plain text: https://secwatch.observer/filing/0001628280-24-002448.txt

## Key facts
- Earnings Releases
  Crane Co reported the quarter ended December 31, 2023 results: revenue $533, EPS $0.86. Guidance initiated.
  - Period: the quarter ended December 31, 2023
  - Revenue: $533
  - EPS: $0.86
  - Guidance: initiated
  - Result: reported results
  source text: 14% from the prior year. Summary of Fourth Quarter 2023 Results from Continuing Operations Fourth Quarter Change (unaudited, dollars in millions) 2023 2022 $ % Net sales $533 $486 $ 47 10 % Core sales 26 5 % Baum acquisition 15 3 % Foreign exchange 5 1 % Operating profit $67 $49 $ 18 38 % Adjusted operating profit* $75 $65 $ 9 14 % Operating profit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944013/000162828024002448/0001628280-24-002448-index.htm

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