Crane NXT Beats Q2 Estimates, Raises Full-Year EPS Guidance
CXT sits 47% above its 52-week low of $35.705.
Summary
Crane NXT reported Q2 2026 adjusted EPS of $1.10, beating estimates, and raised full-year guidance. Sales grew 22% year-over-year, driven by acquisitions and organic growth in the Security and Authentication Technologies segment.
Key Events · Earnings and Guidance · CXT
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Q2 Earnings Beat
Adjusted EPS of $1.10 exceeded the $1.04 consensus; GAAP EPS was $0.61. Revenue of $493M grew 22% year-over-year, with organic growth of 3%.
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Full-Year Guidance Raised
Adjusted EPS guidance increased to $4.22-$4.42 from $4.10-$4.40, reflecting strong first-half performance and expected momentum.
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Segment Performance
Security and Authentication Technologies (SAT) sales rose 17.5% with 9.6% organic growth; Detection and Traceability Technologies (DTT) sales rose 26.1% but saw a 3.4% organic decline.
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Cash Flow Strength
Adjusted free cash flow conversion was 124% in Q2, with $79.4M in adjusted free cash flow, demonstrating strong cash generation.
Analysis · CXT · Manufacturing
Crane NXT delivered a strong Q2, with adjusted EPS of $1.10 beating the $1.04 consensus and revenue of $493M slightly ahead of expectations. The company raised its full-year adjusted EPS guidance to $4.22-$4.42, signaling confidence in continued momentum. Organic sales growth of 3% and a 124% adjusted free cash flow conversion rate underscore operational execution, while the Antares Vision integration progresses. The results reinforce the investment thesis of accelerating growth and margin expansion.
At the time of this filing, CXT was trading at $52.37 on NYSE in the Manufacturing sector, with a market capitalization of approximately $3B. The 52-week trading range was $35.71 to $69.00. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.