Crane Q2 sales beat estimates, raises annual profit guidance

Crane

28/07/2025 21:25

Overview

Crane Q2 sales rise 9.2% to $577.2 mln, beating analyst expectations, per LSEG data

Adjusted EPS from continuing operations up 24%

Co raises full-year adjusted EPS guidance to $5.50-$5.80

Announced agreement to acquire Precision Sensors & Instrumentation  on June 9

Outlook

Crane raises full-year adjusted EPS outlook to $5.50-$5.80

Company expects 2025 sales growth of approximately 6.5%

Company projects net non-operating income of $4 mln

Result Drivers

CORE SALES GROWTH -  6.5% core sales growth, contributed to overall sales increase

AEROSPACE & ELECTRONICS STRENGTH - Segment showed strong core order and backlog growth, boosting results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$577.20 mln
$567.70 mln (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Crane Co is $200.00, about 4.6% above its July 25 closing price of $190.73

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release: ID:nBw22yCQ8a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)