Crane NXT Co reports results for the quarter ended December 31 - Earnings Summary

Crane NXT

13/02/2025 01:44

* Crane NXT Co  CXT.N  reported quarterly adjusted earnings
of
$1.20​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 99
cents.  The mean expectation of six analysts for the quarter was
for earnings of $1.20 per share. Wall Street expected results to
range from $1.18  to $1.23 per share.
    * Revenue rose 11.8% to $399.10 million from a year ago;
analysts
expected $405.45 million. 
    * Crane NXT Co's reported EPS for the quarter was $1.00​.
    * The company reported quarterly net income of $57.6
million.
    * Crane NXT Co shares had risen by 2.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Crane NXT Co is
$76.00 
This summary was machine generated from LSEG data February 13 at
01:43 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.20           1.20           Met
 Sep. 30 2024      1.14           1.16           Beat
 Jun. 30 2024      1.04           1.06           Beat
 Mar. 31 2024      0.84           0.85           Beat