Crane Co. (CR) Tops Q1 EPS by 13c
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Crane Co. Reports First Quarter 2022 Results
April 25, 2022 5:01 PM EDTFirst Quarter 2022 Highlights
GAAP earnings from continuing operations per diluted share (EPS) of $1.64 compared to $1.75 in the first quarter of 2021. Excluding Special Items, record EPS from continuing operations ("adjusted EPS") of $1.81 increased 15% compared to $1.57 in the first quarter of 2021. Core year-over-year sales growth of 5% and core year-over-year order growth of 12%. Completed previously announced $300 million share repurchase program. Signed an agreement to divest Crane Supply, the Company's Canadian distribution business. Adjusting GAAP EPS from... More