Crane NXT Co expected to post earnings of $1.14 a share - Earnings Preview

Crane NXT

04/11/2024 22:08

* Crane NXT Co  CXT.N   CXT  is expected to show a rise in
quarterly revenue when it reports  results on November 6 for the
period ending January 1 0001
    * The Waltham Massachusetts-based  company is expected to
report a
11.2% increase in revenue to $392.44 million from $352.9 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Crane NXT Co is for
earnings
of $1.14 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$77.00​, above​ its last closing price of $53.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.07        1.04       1.06      Beat    1.5
 Mar. 31 2024  0.85        0.84       0.85      Beat    0.7
 Dec. 31 2023  0.94        0.93       0.99      Beat    6.4​
 Sep. 30 2023  1.02        1.02       1.09      Beat    7.3
 ​​Jan.        0.91        0.91       1.12      Beat    22.8
 1 0001                                                 
 Mar. 31 2023  0.75                   0.97              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
 This summary was machine generated November 4 at 22:08 GMT.  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)