Crane Co. (CR) Declares $0.35 Quarterly Dividend; 1.5% Yield

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UPDATE: Crane Co. (CR) Tops Q1 EPS by 4c, Slight Miss on Revenues; Boosts FY18 EPS Mid-Point Outlook Above Consensus

April 23, 2018 5:02 PM EDT

(Updated - April 23, 2018 5:03 PM EDT)

Crane Co. (NYSE: CR) reported Q1 EPS of $1.31, $0.04 better than the analyst estimate of $1.27. Revenue for the quarter came in at $799 million versus the consensus estimate of $802.6 million.

First Quarter 2018 Highlights:

GAAP earnings per diluted... More