Crane Co Reports Record Q2 Results, Raises Full-Year EPS Guidance
CR sits 42% above its 52-week low of $159.58.
Summary
Crane Co reported record Q2 2026 results, with adjusted EPS of $1.79 beating expectations on 25.6% sales growth, and raised its full-year adjusted EPS guidance to $6.85-$7.05.
Key Events · Earnings and Guidance · CR
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Record Q2 Adjusted EPS of $1.79
Adjusted EPS from continuing operations rose 18% year-over-year to $1.79, exceeding expectations. GAAP EPS was $1.63, up 19%.
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Sales Surge 25.6% with Strong Core Growth
Total sales reached $724.7 million, driven by 5.2% core growth, a 19.8% contribution from acquisitions, and a 0.6% foreign exchange benefit. Aerospace & Advanced Technologies led with 13.3% core growth.
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Full-Year Guidance Raised
Management increased full-year adjusted EPS guidance to $6.85-$7.05 from $6.65-$6.85, citing strong performance and a positive outlook. Total sales are now expected to grow in the mid-20% range.
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Record Backlog and Margin Expansion
Aerospace & Advanced Technologies backlog hit a record $1.27 billion, up 11% year-over-year on a core basis. Total company adjusted operating margin expanded 180 basis points to a record 21.3%.
Analysis · CR · Manufacturing
Crane delivered a standout quarter, with adjusted EPS of $1.79 beating expectations on 25.6% sales growth. Core sales rose 5.2%, led by 13.3% growth in Aerospace & Advanced Technologies, which also posted a record backlog. Acquisitions are performing ahead of plan, contributing to margin expansion. Management raised full-year adjusted EPS guidance to $6.85-$7.05, signaling confidence in sustained momentum. The stock is trading near its 52-week high, and these results reinforce the bullish thesis.
At the time of this filing, CR was trading at $226.34 on NYSE in the Manufacturing sector, with a market capitalization of approximately $13.1B. The 52-week trading range was $159.58 to $230.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.