Crane Co. Reports Second Quarter 2020 Results
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Crane Co. (CR) Tops Q2 EPS by 17c, Revenues Beat; Narrows FY20 EPS Guidance
July 27, 2020 5:05 PM EDTCrane Co. (NYSE: CR) reported Q2 EPS of $0.64, $0.17 better than the analyst estimate of $0.47. Revenue for the quarter came in at $677.9 million versus the consensus estimate of $626.09 million.
Highlights from Second Quarter 2020 Results:
GAAP earnings per diluted share (EPS) of $0.25 compared to $1.50 in the second quarter of 2019.Excluding Special Items, EPS of $0.64 compared to $1.58 in the second quarter of 2019.Narrowing 2020 GAAP EPS guidance range to $2.65-$3.45 from the prior range of $2.35-$3.60.Excluding Special Items, narrowing 2020 EPS guidance... More