secwatch.observer — SEC 8-K summary
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Issuer:     Crane Co (CR)
CIK:        0001944013
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001628280-24-002448
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1944013/000162828024002448/0001628280-24-002448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1944013/000162828024002448/cr-20240129.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-002448

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