Crane NXT Q3 profit edges above estimates, narrows FY Adj. EPS guidance on macro uncertainty

Crane NXT

05/11/2025 21:51

Overview

Industrial technology firm Crane NXT Q3 revenue grows 10% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting operational efficiency

Company signed definitive agreement to acquire Antares Vision

Outlook

Crane NXT raises full-year sales growth guidance to 9% to 11%

Company narrows full-year Adjusted EPS guidance to $4.00 to $4.10

Crane NXT cites macroeconomic uncertainty impacting CPI demand

Result Drivers

ACQUISITION IMPACT - Sales growth primarily driven by De La Rue Authentication Solutions acquisition, contributing 7%

FOREIGN EXCHANGE - Favorable foreign exchange contributed 1.9% to sales growth

SAT SEGMENT GROWTH - Core sales increase of 1.4% driven by higher volumes in SAT segment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$445 mln
$432.52 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$1.28
$1.27 (6 Analysts)
Q3 EPS
$0.87
Q3 Adjusted Operating Income Margin
24.70%
Q3 Operating Income Margin
18.40%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Crane NXT Co is $80.00, about 21.1% above its November 4 closing price of $63.13

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX6XrMdl

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)