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

Crane

28/04/2025 22:55

Crane Co CR.N reported quarterly adjusted earnings of $1.88​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.22.  The mean expectation of seven analysts for the quarter was for earnings of $1.31 per share. Wall Street expected results to range from $1.26  to $1.33 per share.

Revenue fell 1.4% to $557.60 million from a year ago; analysts expected $547.96 million.

Crane Co's reported EPS for the quarter was $1.83​.

The company reported quarterly net income of $107.1 million.

Crane Co shares had fallen by 2.9% this quarter and lost 2.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.3% 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 7 "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 $184.50

This summary was machine generated from LSEG data April 28 at 09:54 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
Mar. 31 2025
1.31
1.88
Beat
Dec. 31 2024
1.22
1.26
Beat
Sep. 30 2024
1.32
1.38
Beat
Jun. 30 2024
1.24
1.30
Beat