Crane Company (CR) Declares $0.23 Quarterly Dividend; 0.6% Yield
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Crane Company Reports Fourth Quarter 2024 Results, Initiates Full Year 2025 EPS Guidance, and Raises Annual Dividend by 12%
January 27, 2025 4:15 PM ESTFourth Quarter 2024 Highlights
Earnings per diluted share (EPS) from continuing operations of $1.20, up 58%, and adjusted EPS from continuing operations of $1.26, also up 58%. Sales of $544 million, up 12% driven by 8% core sales growth. Core order growth up 8% and core backlog growth up 9%, driven primarily by ongoing strength at Aerospace & Electronics. Declaring first quarter 2025 regular dividend of $0.23 per share, and raising the annual dividend by 12% to $0.92 per share.2025 Outlook
Initiating our full year 2025 adjusted EPS outlook with a range of $5.30-$5.60 reflecting 12% growth at the midpoint... More