Crane Co. (CR) Misses Q4 EPS by 10c, Offers FY21 Guidance
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Crane Co. Reports 2020 Results and Provides 2021 Guidance
January 25, 2021 5:01 PM ESTHighlights from Full Year 2020 Results and 2021 Guidance:
GAAP earnings per diluted share (EPS) of $3.08 in 2020. Excluding Special Items, EPS of $3.84 in 2020 compared to $6.02 in 2019. Strong full year free cash flow of $275 million (cash provided by operating activities less capital spending). Introducing 2021 GAAP EPS guidance of $4.85-$5.05. Excluding Special Items, 2021 EPS guidance is $4.90-$5.10, a 30% increase at the midpoint compared to 2020.STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported full year and fourth... More
