earnings
confidence high
sentiment positive
materiality 0.75
Crane NXT Q2 EPS $0.72 ($1.06 adj), sales $371M +5.2%; narrows FY adj EPS guidance to $4.20-$4.35
Crane NXT, Co.
2024-Q2 EPS reported
$1.38
revenue$684,200,000
- GAAP EPS $0.72, Adjusted EPS $1.06; sales $371M (+5.2% YoY) with 0.8% core sales growth.
- GAAP operating margin 18.2%, adjusted operating margin 24.1%.
- FY2024 Adjusted EPS guidance narrowed to $4.20-$4.35 from $4.10-$4.35.
- Record-high backlog in Crane Currency; OpSec Security acquisition integration progressing well.