Crane Co reports results for the quarter ended December 31 - Earnings Summary

Crane

27/01/2025 22:01

* Crane Co  CR.N  reported quarterly adjusted earnings of
$1.26​​
per share for the quarter ended December 31, higher than the
same quarter last year, when the company reported EPS of 90
cents.  The mean expectation of six analysts for the quarter was
for earnings of $1.22 per share. Wall Street expected results to
range from $1.17  to $1.28 per share.
    * Revenue rose 12.1% to $597.20 million from a year ago;
analysts
expected $533.96 million. 
    * Crane Co's reported EPS for the quarter was $1.38​.
    * The company reported quarterly net income of $81 million.
    * Crane Co shares had risen by 6.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Crane Co is
$175.00 
This summary was machine generated from LSEG data January 27 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.22           1.26           Beat
 Sep. 30 2024      1.32           1.38           Beat
 Jun. 30 2024      1.24           1.30           Beat
 Mar. 31 2024      1.13           1.22           Beat