Crane Co reports results for the quarter ended June 30 - Earnings Summary
Crane Co reports results for the quarter ended June 30 - Earnings Summary
Crane Co CR.N reported quarterly adjusted earnings of $1.79 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.48. The mean expectation of nine analysts for the quarter was for earnings of $1.67 per share. Wall Street expected results to range from $1.60 to $1.73 per share.
Revenue rose 25.6% to $724.70 million from a year ago; analysts expected $706.22 million.
Crane Co's reported EPS for the quarter was $1.63.
The company reported quarterly net income of $95.9 million.
Crane Co shares had risen by 1.5% this quarter and gained 22.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "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 $232.50, about 2.6% above its last closing price of $226.34
This summary was machine generated from LSEG data July 29 at 12:40 a.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 |
Jun. 30 2026 | 1.67 | 1.79 | Beat |
Mar. 31 2026 | 1.45 | 1.65 | Beat |
Dec. 31 2025 | 1.41 | 1.53 | Beat |
Sep. 30 2025 | 1.49 | 1.64 | Beat |
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