earnings
confidence high
sentiment positive
materiality 0.75
Crane Q3 adjusted EPS $1.38 (+34% YoY); hikes FY guidance to $5.05-$5.20
Crane Co
2024-Q3 EPS reported
$3.67
revenue$1,743,700,000
- GAAP EPS $1.33 (+39% YoY); adjusted EPS $1.38 (+34% YoY).
- Sales $597M (+13% YoY); core sales +6%, core orders +6%, core backlog +10%.
- Adjusted operating profit $109M (+35% YoY); margin 18.3% (+310bps).
- Full-year adjusted EPS guidance raised to $5.05-$5.20 from $4.95-$5.15.
- Q4 regular dividend $0.205/share declared; Hurricane Helene impacted Marion, NC facility.