secwatch.observer — SEC 8-K summary
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Issuer:     Crane NXT, Co. (CXT)
CIK:        0000025445
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001628280-24-045736
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crane NXT Q3 sales up 14%, adjusted EPS $1.16; narrows FY2024 guidance to $4.22-$4.30
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- GAAP EPS $0.81, adjusted EPS $1.16; sales $403.5M (+14.3% YoY), core sales +4.7%.
- Signed agreement to acquire De La Rue Authentication Solutions; closed acquisition of Tru Tag Technologies smart packaging assets.
- GAAP operating margin 18.6%, adjusted 23.9%; repaid ~$65M debt, net leverage ~1.7x.
- Narrowed full-year sales growth guidance to 6%-8%; adjusted EPS guidance narrowed to $4.22-$4.30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25445/000162828024045736/0001628280-24-045736-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25445/000162828024045736/cxt-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-045736

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer