Crane Co. (CR) Tops Q3 EPS by 5c, Updates FY Guidance

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Go back to Crane Co. (CR) Tops Q3 EPS by 5c, Updates FY Guidance

Crane Co. Reports Third Quarter Results

October 24, 2016 5:00 PM EDT

Third Quarter 2016 Highlights:

GAAP earnings per diluted share (EPS) of $1.07 increased 10% compared to 2015. Excluding Special Items in 2015, EPS increased 4% compared to last year. Sales of $694 million increased 4% compared to 2015, with core growth of 5.5%. Raising 2016 GAAP EPS guidance to $4.07-$4.15, from $3.95-$4.15. Revised 2016 EPS guidance, excluding Special Items, of $4.12-$4.20 versus prior range of $4.00-$4.20.

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