earnings
confidence high
sentiment positive
materiality 0.80
Crane Q2 EPS $1.23 beats prior year; raises FY adjusted EPS guidance to $4.95-$5.15
Crane Co
2024-Q2 EPS reported
$2.34
revenue$1,146,500,000
- GAAP EPS of $1.23 (up 64% YoY); adjusted EPS of $1.30 (up 18% YoY).
- Sales of $581M, up 14% with 9% core growth; acquisitions added 6%.
- Operating profit $97M (+53% YoY); adjusted operating profit $103M (+22% YoY).
- Full-year adjusted EPS guidance raised to $4.95–$5.15 (from $4.75–$5.05); midpoint up $0.15.
- Cites 40% core operating leverage and momentum across Aerospace & Electronics and Process Flow.