Crane NXT Co expected to post earnings of $1.02 a share - Earnings Preview

Crane NXT

04/11/2023 02:47

* Crane NXT Co  CXT.N   CXT  is expected to show a fall in
quarterly revenue when it reports  results on November 6. 
    * The Waltham Massachusetts-based  company is expected to
report 
a 56.7% decrease in revenue to $353.229 million from $815.1
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Crane NXT Co is for
earnings of $1.02 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Crane NXT
Co is
$72​, above​ its last closing price of $54.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.91        0.91       1.12      Beat    22.8
 Mar. 31 2023  0.75        0.75       0.97      Beat    30.2
 Dec. 31 2022  1.90        1.90       2.13      Beat    12.1​
 Sep. 30 2022  1.85        1.85       1.86      Beat    0.6
 ​​Jun.        1.79        1.78       1.90      Beat    6.5
 30 2022                                                
 Mar. 31 2022  1.68        1.70       1.81      Beat    6.3​
 Dec. 31 2021  1.12        1.13       1.25      Beat    10.9
 Sep. 30 2021  1.35        1.36       1.89      Beat    38.6
 This summary was machine generated November 4 at 02:47 GMT.  All
figures in US dollars  unless otherwise stated