Crane Co reports results for the quarter ended in September - Earnings Summary

Crane

23/10/2023 23:43

* Crane Co  CR.N  reported quarterly adjusted earnings of
$1.03​​
per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
87 cents per share.
    * Revenue was $530.10 million​; analysts expected $509.19
million. 
    * Crane Co's reported EPS for the quarter was 96 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Crane Co shares had fallen by 5.3% this quarter.
    * The company reported quarterly net income of $55.2
million.
    * Wall Street's median 12-month price target for Crane Co is
$106.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 23 at 10:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.87           1.03           Beat
 Jun. 30 2023      0.93           1.10           Beat
 Mar. 31 2023      0.85           1.25           Beat