CR - Crane EPS beats by $0.44 beats on revenue; raises guidance

Crane (CR): Q2 Non-GAAP EPS of $1.83 beats by $0.44; GAAP EPS of $1.87 beats by $0.43.Revenue of $796.4M (+17.5% Y/Y) beats by $53.05M.The company announced its quarterly dividend of $0.43 per share for Q3 2021.Raises 2021 guidance:Raising GAAP EPS from continuing operations guidance to $6.05-$6.25, from $5.75-$5.95. Raising adjusted EPS guidance to $5.95-$6.15, from $5.65-$5.85.Net sales expected to be $3.1B, compared to prior estimate of $3.02B.Press Release

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Crane EPS beats by $0.44, beats on revenue; raises guidance