Highest-materiality recent filing
Crane Q1 adjusted EPS $1.65 (+15% YoY); raises FY adjusted EPS guidance to $6.65-$6.85
GAAP EPS from continuing ops $1.14, down 15% YoY; adjusted EPS $1.65, up 15%.
Crane's acquired PSI business: $382M revenue, $28M net income in 2024
Precision Sensors & Instrumentation (Druck, Panametrics, Reuter-Stokes) revenue $382M in 2024, net income $28M.
Alex Alcala, formerly EVP & COO, promoted to President and CEO; Max Mitchell transitions to Executive Chairman, effective April 27, 2026.
Crane Q4 EPS $1.39, record year, CEO succession to Alcala, two acquisitions closed, dividend +11%
Q4 GAAP EPS $1.39 (up 16% YoY); adjusted EPS $1.53 (up 21%); sales $581M (+6.8% with 5.4% core growth).
Crane Q3 adjusted EPS $1.64 beats; raises FY guidance to $5.75-$5.95
GAAP EPS $1.56 (+25% YoY); adjusted EPS $1.64 (+27% YoY).
Crane enters $1.8B credit agreement to fund PSI acquisition; $900M term, $900M revolver
Entered $900M delayed draw term loan and $900M revolving credit facility, both due Sept 30, 2030.
Crane Q2 2025 adj EPS $1.49 (+24%); raises FY adj EPS guide to $5.50-$5.80
GAAP EPS from continuing ops $1.37 (+20%); adjusted EPS $1.49 (+24%) on sales $577.2M (+9.2%).
Crane Company to acquire Precision Sensors & Instrumentation from Baker Hughes for $1.06B
Purchase price of $1,060M after adjusting for ~$90M NPV of tax benefits.
Crane Q1 2025: EPS $1.34 (up 31%), adjusted EPS $1.39 (up 24%), sales up 9.3%
GAAP EPS from continuing operations $1.34, up 31% YoY; adjusted EPS $1.39, up 24%.
Crane Q4 adj EPS $1.26 (+58%), sales $544M (+12%); dividend raised 12%
Q4 GAAP EPS $1.20 (+58%), adjusted EPS $1.26 (+58%); operating profit $86M (+38%).
Crane promotes Alejandro Alcala to COO effective Dec. 9, 2024
Alcala promoted from EVP to COO, overseeing all business segments and Crane Business System.
Crane sells Engineered Materials to KPS for $227M; updates EPS guidance
Divestiture of Engineered Materials segment to KPS Capital Partners for $227 million.
Crane Q3 adjusted EPS $1.38 (+34% YoY); hikes FY guidance to $5.05-$5.20
GAAP EPS $1.33 (+39% YoY); adjusted EPS $1.38 (+34% YoY).
Crane Q2 EPS $1.23 beats prior year; raises FY adjusted EPS guidance to $4.95-$5.15
GAAP EPS of $1.23 (up 64% YoY); adjusted EPS of $1.30 (up 18% YoY).
Crane Q1 EPS $1.12 (adj. $1.22); raises FY adj. EPS to $4.75-$5.05; acquires CryoWorks for ~$61M
Q1 GAAP EPS $1.12, adjusted EPS $1.22; sales $565M (+10% YoY) with 5% core sales growth.
On August 5, 2024, the Board of Directors of Crane Company (the “Company”) elected Susan D. Lynch, 62, to serve as a Director for a term ending on the date of the next Annual Meeting of Stockholders in 2025.
On June 4, 2024, John S. Stroup, a current member of the Crane Company (the “Company”) Board of Directors, notified the Board of his intention to resign from the Board, effective as of July 22, 2024 due to additional professional commitments including his election to Partner at Clayton, Dubilier & Rice, a private investment firm.
Max materiality 0.85 · Median 0.70 · Most common event earnings