Crane Co. (CR) Tops Q1 EPS by 37c, Lifts FY Guidance

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Crane Co. Reports First Quarter 2021 Results and Raises 2021 EPS Guidance

May 3, 2021 5:01 PM EDT

First Quarter 2021 Highlights

GAAP earnings per diluted share (EPS) of $1.84. Excluding Special Items, EPS of $1.66 increased 44% compared to $1.15 in the first quarter of 2020. Raising GAAP EPS Guidance to $5.75-$5.95, from $4.95-$5.15. Raising EPS Guidance, excluding Special Items, to $5.65-$5.85, from $5.00-$5.20.

STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported first quarter 2021 financial results and updated its full-year 2021 outlook.

Max Mitchell, Crane Co. President and Chief Executive Officer stated: We delivered... More