Crane Co expected to post earnings of $1.24 a share - Earnings Preview

Crane

26/07/2024 23:04

* Crane Co  CR.N   CR  is expected to show a rise in
quarterly
revenue when it reports  results on July 29 for the period
ending June 30 2024
    * The Stamford Connecticut-based  company is expected to
report a
11.5% increase in revenue to $568.289 million from $509.6
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
$1.24 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Crane Co is
$160.00​, above​ its last closing price of $158.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.14        1.13       1.22      Beat    8.4
 Dec. 31 2024  0.82        0.82       0.90      Beat    9.2
 Sep. 30 2023  0.86        0.87       1.03      Beat    18.9​
 Jan. 1 0001   0.93        0.93       1.10      Beat    18.1
 ​​Mar.        0.87        0.85       1.25      Beat    47.6
 31 2023                                                
                                                        ​
 This summary was machine generated July 26 at 22:04 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)