Crane NXT Co expected to post earnings of 84 cents a share - Earnings Preview

Crane NXT

07/05/2024 03:27

* Crane NXT Co  CXT.N   CXT  is expected to show a fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Waltham Massachusetts-based  company is expected to
report a
5.3% decrease in revenue to $311.717 million from $329.1 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Crane NXT Co is for
earnings
of 84 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$81.50​, above​ its last closing price of $62.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.94        0.93       0.99      Beat    6.4
 Sep. 30 2023  1.02        1.02       1.09      Beat    7.3
 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.        1.90        1.90       2.13      Beat    12.1
 31 2022                                                
 Sep. 30 2022  1.85        1.85       1.86      Beat    0.6​
 Jun. 30 2022  1.79        1.78       1.90      Beat    6.5
 Jan. 1 0001   1.68        1.70       1.81      Beat    6.3
 This summary was machine generated May 7 at 02:27 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)