Crane NXT Co expected to post earnings of 75  cents a share - Earnings Preview

Crane NXT

09/05/2023 02:41

* Crane NXT Co  CXT.N   CXT  is expected to show a fall in
quarterly revenue when it reports  results on May 10. 
    * The Stamford Connecticut-based  company is expected to
report  a
60.3% decrease in revenue to $317.85 million from $801.1 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Crane NXT Co is for
earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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
$120​, above​ its last closing price of $49.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.79        1.78       1.90      Beat    6.5​
 Mar. 31 2022  1.68        1.70       1.81      Beat    6.3
 ​​Dec.        1.12        1.13       1.25      Beat    10.9
 31 2021                                                
 Sep. 30 2021  1.35        1.36       1.89      Beat    38.6​
 Jun. 30 2021  1.38        1.38       1.83      Beat    32.2
 Mar. 31 2021  1.29        1.29       1.66      Beat    28.3
 This summary was machine generated May 9 at 01:41 GMT.  All
figures in US dollars  unless otherwise stated