Crane NXT, Co. (CXT) Tops Q2 EPS by 26c, Offers Guidance

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Go back to Crane NXT, Co. (CXT) Tops Q2 EPS by 26c, Offers Guidance

Crane NXT, Co. Announces Strong Second Quarter Results and Raises 2023 Guidance

August 7, 2023 4:15 PM EDT

Second Quarter Highlights

GAAP earnings per diluted share (EPS) of $0.75, and Adjusted EPS of $1.12. Second quarter core sales growth of 6%1. GAAP operating profit margin of 19.5%, and Adjusted operating profit margin of 26.5%. Raising full year Adjusted EPS guidance to a range of $3.85 to $4.15, from prior range of $3.75 to $4.05. Declaring third quarter dividend of $0.14 per share.

WALTHAM, Mass.--(BUSINESS WIRE)-- Crane NXT, Co. (NYSE: CXT), a... More