Crane Co. (CR) Tops Q1 EPS by 5c, Revenues Beat; Affirms FY19 EPS/Revenue Outlook

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Go back to Crane Co. (CR) Tops Q1 EPS by 5c, Revenues Beat; Affirms FY19 EPS/Revenue Outlook

Crane Co. Reports First Quarter Results and Reaffirms Full-Year Guidance

April 29, 2019 5:01 PM EDT

First Quarter 2019 Highlights:

GAAP earnings per diluted share (EPS) of $1.36 compared to $1.13 in 2018; excluding Special Items, EPS of $1.45 increased 11% compared to last year. Sales of $832 million increased 4% compared to 2018, with core sales growth of 6%. Reaffirming full-year GAAP EPS guidance of $6.05-$6.25; excluding Special Items, 2019 EPS guidance is $6.25-$6.45.

STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported first quarter 2019 GAAP earnings per diluted share (EPS) of $1.36, compared to $1.13 per... More