Crane NXT Co reports results for the quarter ended in June - Earnings Summary

Crane NXT

08/08/2023 24:34

* Crane NXT Co  CXT.N  reported quarterly adjusted earnings
of
$1.12​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
91 cents per share.
    * Revenue fell 59.2% to $352.40 million from a year ago;
analysts
expected $336.67 million. 
    * Crane NXT Co's reported EPS for the quarter was 75 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Crane NXT Co shares had risen by 0.4% this quarter and
gained 62.4% so far this year.
    * The company reported quarterly net income of $43.2
million.
    * Wall Street's median 12-month price target for Crane NXT
Co is
$70.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.91           1.12           Beat
 Mar. 31 2023      0.75           0.97           Beat
 Dec. 31 2022      1.90           2.13           Beat
 Sep. 30 2022      1.85           1.86           Beat