Crane Posts Q3 EPS of $1.66
CR sits 21% above its 52-week low of $159.58.
Summary
Crane reported third-quarter EPS of $1.66, with sales of $754.6M and net income of $97.3M. The company raised its FY26 adjusted EPS outlook after a third-quarter beat, and now sees FY adjusted EPS of $7.23 to $7.38. Context: the company has been in deal mode, having agreed in September to buy Trillium Flow Technologies' U.S. pump business for about $240M (14.6x EBITDA, roughly $115M in annual revenue), and it posted record results in Q2. With shares near $193 and an $11B market cap, the print is material, and the raised FY26 outlook follows a quarterly beat.
At the time of this announcement, CR was trading at $192.89 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $11.1B. The 52-week trading range was $159.58 to $230.50. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.