Crane Co. Reports Third Quarter Results

Go back to Crane Co. Reports Third Quarter Results

Poor Fluid Handling Leads Crane Co. (CR) to a 3Q EPS Miss; UBS Cuts Price Target to $60

October 28, 2015 11:27 AM EDT

UBS maintained a Buy rating on Crane (NYSE: CR), and cut the price target to $60.00 (from $70.00), following the company's 3Q earnings results. Crane reported 3Q15 adjusted EPS of $1.03, missing the consensus estimate of $1.06. The 8% organic decline at Fluid Handling reflected further weakness following LSD... More

Crane Co. (CR) Misses Q3 EPS by 3c, Trims High End of FY EPS Guidance

October 26, 2015 5:02 PM EDT

Crane Co. (NYSE: CR) reported Q3 EPS of $1.03, $0.03 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $670 million versus the consensus estimate of $695.95 million.

Crane Co. sees FY2015 EPS of $4.10-$4.20, versus prior guidance of $4.10-$4.30 and the consensus of... More