Crane Co. (CR) Tops Q2 EPS by 19c

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Crane Co. Reports Second Quarter Results

July 25, 2016 5:00 PM EDT

Second Quarter 2016 Highlights:

GAAP earnings per diluted share (EPS) of $1.15 increased 22% compared to 2015, and excluding Special Items, EPS of $1.21 increased 14% compared to 2015. Sales of $712 million were approximately flat compared to 2015, with core growth of 1%. Raising 2016 EPS guidance to $4.00-$4.20, from $3.85-$4.15, excluding Special Items. Revised GAAP EPS guidance of $3.95-$4.15, versus prior range of $3.85-$4.15.

STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported second quarter 2016 GAAP earnings of $1.15... More

Crane Co. Declares Third Quarter Dividend

July 25, 2016 5:00 PM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.33 per share for the third quarter of 2016. The dividend is payable on September 9, 2016 to shareholders of record as of the close of business on August 31, 2016.

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