Crane Co. (CR) Tops Q2 EPS by 17c, Revenues Beat; Narrows FY20 EPS Guidance
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Crane Co. Reports Second Quarter 2020 Results
July 27, 2020 5:01 PM EDTHighlights 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 range to $3.30-$4.10 from the prior range of $3.00-$4.25. Reiterating 2020 free cash flow guidance range of $200-$250 million (cash provided by operating activities less capital spending).STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE:... More
