CR - Crane Non-GAAP EPS of $1.10 beats by $0.17 revenue of $509.6M misses by $2.69M
2023-07-25 16:29:04 ET
- Crane press release ( NYSE: CR ): Q2 Non-GAAP EPS of $1.10 beats by $0.17 .
- Revenue of $509.6M (-3.9% Y/Y) misses by $2.69M .
- Core year-over-year sales growth of 5% and core year-over-year backlog growth of 15%.
- Year-over-year growth in operating profit from continuing operations of 44%, and year-over-year growth in adjusted operating profit from continuing operations of 30%.
- Raising adjusted EPS guidance to a range of $3.80-$4.10, from prior range of $3.60-$3.90.
- Declaring third quarter 2023 dividend of $0.18 per share.
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Crane Non-GAAP EPS of $1.10 beats by $0.17, revenue of $509.6M misses by $2.69M