Crane Co. Reports Fourth Quarter Results and Provides 2016 EPS Guidance
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Canaccord Genuity Cuts Price target on Crane Co. (CR) Following 2016 Guidance
January 27, 2016 9:21 AM ESTCanaccord Genuity maintained a Hold rating on Crane (NYSE: CR), and cut the price target to $52.00 (from $58.00), following the company's 2016 guidance release. FY16 guidance implies revenues of ~$2.74B, but FX is a ~ $55M headwind. Canaccord agrees with management that the 2016 guidance largely de-risks... More
Crane Co. (CR) Declares $0.33 Quarterly Dividend; 3% Yield
January 25, 2016 5:54 PM ESTCrane Co. (NYSE: CR) declared a quarterly dividend of $0.33 per share, or $1.32 annualized.
The dividend will be payable on March 10, 2016, to stockholders of record on February 29, 2016, with an ex-dividend date of February 25, 2016.
The annual yield on the dividend is 3 percent.
For... More
Crane Co. (CR) Tops Q4 EPS by 2c, FY EPS Guidance Misses
January 25, 2016 5:27 PM ESTCrane Co. (NYSE: CR) reported Q4 EPS of $1.12, $0.02 better than the analyst estimate of $1.10. Revenue for the quarter came in at $680 million versus the consensus estimate of $692.5 million.
GUIDANCE:
Crane Co. sees FY2016 EPS of $3.85-$4.15, versus the consensus of... More
