CR - Crane Non-GAAP EPS of $1.25 beats by $0.40 revenue of $513.8M beats by $27.84M
2023-05-10 17:00:47 ET
- Crane press release ( NYSE: CR ): Q1 Non-GAAP EPS of $1.25 beats by $0.40 .
- Revenue of $513.8M (-4.7% Y/Y) beats by $27.84M .
- Core year-over-year sales growth of 8% and core year-over-year backlog growth of 17%.
- GAAP operating profit margin of 16.8%, and record adjusted operating profit margin of 18.5%.
- Raising Adjusted EPS guidance to a range of $3.60-$3.90, from prior range of $3.40-$3.70.
- Declaring second quarter dividend of $0.18 per share.
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Crane Non-GAAP EPS of $1.25 beats by $0.40, revenue of $513.8M beats by $27.84M