Crane Co. (CR) Tops Q3 EPS by 3c, Lifts FY EPS Guidance
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Crane Co. Reports Third Quarter Results and Raises Full-Year Guidance
October 23, 2017 5:00 PM EDTThird Quarter 2017 Highlights:
Earnings per diluted share (EPS) of $1.13, up 6% compared to $1.07 last year. Raising midpoint of full year GAAP EPS guidance range to $4.41-$4.51, from $4.31-$4.51; excluding Special Items, the revised range is $4.45-$4.55, from $4.35-$4.55. Completed $25 million of share repurchases during the third quarter.STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported third quarter 2017 earnings of $1.13 per diluted share, compared to $1.07 per share in the third quarter of 2016.
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