secwatch.observer — SEC 8-K summary
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Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001628280-24-004797
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crane NXT Q4 EPS $0.86, FY EPS $3.28; raises dividend 14%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000162828024004797/0001628280-24-004797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000162828024004797/cxt-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-004797

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