Crane Co expected to post earnings of $1.13 a share - Earnings Preview

Crane

19/04/2024 22:05

* Crane Co  CR.N   CR  is expected to show a rise in
quarterly
revenue when it reports  results on April 22 for the period
ending March 31 2024
    * The Stamford Connecticut-based  company is expected to
report a
6.3% increase in revenue to $546.385 million from $513.8 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Crane Co is for earnings
of
$1.13 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Crane Co is
$142.00​, above​ its last closing price of $129.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.82        0.82       0.90      Beat    9.2
 Sep. 30 2023  0.86        0.87       1.03      Beat    18.9
 Jun. 30 2023  0.93        0.93       1.10      Beat    18.1​
 Mar. 31 2023  0.87        0.85       1.25      Beat    47.6
 ​​                                                     
                                                        ​
 This summary was machine generated April 19 at 21:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)