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

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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) Declares $0.33 Quarterly Dividend; 2.6% Yield

October 26, 2015 5:30 PM EDT

Crane Co. (NYSE: CR) declared a quarterly dividend of $0.33 per share, or $1.32 annualized.

The dividend will be payable on December 9, 2015, to stockholders of record on November 30, 2015, with an ex-dividend date of November 25, 2015.

The annual yield on the dividend is 2.6 percent.

For... More