Crane Co. (CR) Declares $0.33 Quarterly Dividend; 3% Yield

Go back to Crane Co. (CR) Declares $0.33 Quarterly Dividend; 3% Yield

Canaccord Genuity Cuts Price target on Crane Co. (CR) Following 2016 Guidance

January 27, 2016 9:21 AM EST

Canaccord 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) Tops Q4 EPS by 2c, FY EPS Guidance Misses

January 25, 2016 5:27 PM EST

Crane 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