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CXT — Crane NXT News Story

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Brief: Crane NXT Q2 Revenue USD 404 Million Vs. IBES Estimate USD 410.4 Million

Overview

Crane NXT Q2 sales rise 9% yr/yr to $404 mln, missing analyst expectations

Adjusted EPS of $0.97 beats analyst expectations, per LSEG data

Co maintains full-year EPS guidance of $4.00 to $4.30

Outlook

Company maintains full-year EPS guidance of $4.00 to $4.30

Crane NXT expects 2025 sales growth of 6% to 8%

CPI sales expected to decline 2% to 0% in 2025

SAT sales growth projected at 19% to 21% for 2025

Result Drivers

ACQUISITIONS - Sales growth primarily driven by OpSec Security and De La Rue Authentication Solutions acquisitions, contributing $26.7 mln

FOREIGN EXCHANGE - Favorable foreign exchange impacts added $10.1 mln to sales

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueMiss$404 mln$410.40 mln (7 Analysts)
Q2 Adjusted EPSBeat$0.97$0.95 (6 Analysts)
Q2 EPS$0.43
Q2 Adjusted Operating Income Margin21.2%
Q2 Operating Income Margin11.8%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the electrical components & equipment peer group is "buy" Wall Street's median 12-month price target for Crane NXT Co is $81.00, about 29.2% above its August 5 closing price of $57.32 The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago Press Release: ID:nGNX7kKJn0 (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.)

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