Crane Co. Reports 2019 Results and Provides 2020 Guidance
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Crane Co. (CR) Tops Q4 EPS by 1c
January 27, 2020 5:04 PM ESTCrane Co. (NYSE: CR) reported Q4 EPS of $1.58, $0.01 better than the analyst estimate of $1.57. Revenue for the quarter came in at $838 million versus the consensus estimate of $824.22 million.
"We finished 2019 strong, with solid operational performance across our businesses, and we took several other actions to further strengthen Crane for continued profitable growth," said Max Mitchell, Crane Co. President and Chief Executive Officer.\"In addition to solid progress on numerous growth and productivity initiatives last year, we delivered a record $325 million of free cash flow. We also repurchased $80 million of shares during the... More
