8-K
filed February 14, 2024, 6:59 PM ET
ticker CXT
CIK 0000025445
earnings
confidence high
sentiment positive
materiality 0.75
Crane NXT Q4 EPS $0.86, FY EPS $3.28; raises dividend 14%
Crane NXT, Co.
2023-FY EPS reported
$3.28
revenue$1,391,300,000
- Full year GAAP EPS $3.28, adjusted EPS $4.16; core sales grew 4.3% YoY.
- Q4 core sales +4.1%; adjusted operating margin 23.4%; GAAP margin 20.3%.
- Repaid $245M of term loan; net leverage 1.1x; adjusted FCF conversion 111%.
- Quarterly dividend raised 14% to $0.16 per share; payable in Q1 2024.
- FY2024 guidance: adjusted EPS $4.10-$4.35.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Crane NXT, Co. reported full year 2024 results: EPS 4.10 to 4.35. Guidance initiated.
- Period
- full year 2024
- EPS
- 4.10 to 4.35
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Introducing 2024 guidance with Adjusted EPS of $4.10 to $4.35.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Crane NXT, Co. reported quarter ended December 31, 2023 results: revenue 356.9, EPS 0.86.
- Period
- quarter ended December 31, 2023
- Revenue
- 356.9
- EPS
- 0.86
- Result
- reported results
Exact text from the filing
sustainable shareholder value." Summary of Fourth Quarter 2023 Results Three Months Ended December 31, Change (unaudited, dollars in millions) 2023 2022 $ % Net sales $ 356.9 $ 338.2 $ 18.7 5.5 % Core sales $ 14.0 4.1 % Foreign exchange $ 4.7 1.4 % Operating profit $ 72.4 $ 73.0 $ (0.6) (0.8) % Adjusted operating profit* $ 83.4 $ 88.1 $ (4.7) (5.3) %
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Crane NXT, Co. reported full year ended December 31, 2023 results: EPS 3.28.
- Period
- full year ended December 31, 2023
- EPS
- 3.28
- Result
- reported results
Exact text from the filing
GAAP earnings per diluted share (EPS) was $3.28, and Adjusted EPS was $4.16.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.