Crane Co. (CR) Tops Q2 EPS by 6c, Raises FY EPS Guidance
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Crane Co. Reports Second Quarter Results and Raises 2018 EPS Guidance
July 23, 2018 5:01 PM EDTSecond Quarter 2018 Highlights:
GAAP earnings per diluted share (EPS) of $1.32 compared to $1.14 in the second quarter of last year; excluding Special Items, EPS of $1.41 increased 20% compared to the second quarter of 2017. Raising 2018 GAAP EPS guidance to a range of $4.90-$5.10 vs. prior range of $4.75-$4.95; excluding Special Items, raising 2018 EPS guidance to a range of $5.60-$5.80 vs. prior range of $5.45-$5.65. Revising 2018 free cash flow guidance (cash provided by operating activities less capital spending) to $250-$280 million vs. prior range of $240-$270 million.... More
