Crane Co. (CR) Announces Retirement of Board Chairman R.S. Evans

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Crane Co. (CR) Declares $0.43 Quarterly Dividend; 3.2% Yield

April 27, 2020 5:12 PM EDT

Crane Co. (NYSE: CR) declared a quarterly dividend of $0.43 per share, or $1.72 annualized.

The dividend will be payable on June 10, 2020, to stockholders of record on May 29, 2020, with an ex-dividend date of May 28, 2020.

The annual yield on the dividend is 3.2 percent.

For... More

UPDATE: Crane Co. (CR) Misses Q1 EPS by 10c, Revenues Miss; Updated FY20 EPS/Revenue Guidance Below Consensus

April 27, 2020 5:04 PM EDT

(Updated - April 27, 2020 5:05 PM EDT)

Crane Co. (NYSE: CR) reported Q1 EPS of $1.15, $0.10 worse than the analyst estimate of $1.25. Revenue for the quarter came in at $798 million versus the consensus estimate of $820.76 million.

Max Mitchell, Crane Co. President and Chief Executive Officer stated: Our businesses all executed extremely well in the quarter despite the impacts of COVID-19 on demand, and on our supply chain and operations. In this difficult... More