CR News and Press, Crane Co. From 10/26/22

Summary Crane's third quarter results were mixed, with weaker-than-peer organic revenue growth but better-than-expected margins and strong orders. Process Flow and Aerospace & Electronics should be somewhat countercyclical in 2023 as shorter-cycle demand slows but these longer...

Crane Holdings, Co. (CR) Q3 2022 Earnings Conference Call October 25, 2022 10:00 ET Company Participants Jason Feldman - Vice President of Investor Relations Max Mitchell - President & Chief Executive Officer Rich Maue - Senior Vice President & Chief Fina...

Crane press release ( NYSE: CR ): Q3 GAAP EPS of -$1.06 misses by $2.87 . Revenue of $815M (-2.2% Y/Y) misses by $1.62M . We are adjusting the midpoint of our full year 2022 GAAP EPS guidance primarily to reflect the third quarter after-tax charges of $2.83 per...

Third Quarter 2022 Highlights Significant progress towards previously announced separation, including the appointment of Aaron W. Saak as Crane NXT President and CEO; Remain on-track to complete separation in early April 2023. GAAP net loss of $1.06 per share, inclusive of...

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Crane NXT Scheduled to Become Independent Company in early April 2023 following Completion of Previously Announced Separation Transaction Crane Holdings, Co. (“Crane,” NYSE: CR), a diversified manufacturer of highly engineered industrial products, today ann...

Summary Potential company/asset sale brewing up behind the scenes. Recent reports suggest that activist Irenic Capital Management has built an undisclosed position in Barnes Group. Irenic is pushing for management changes and a strategic review, including the options of compan...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Crane Holdings, Co. (NYSE: CR) announces the following schedule and teleconference information for its third quarter 2022 earnings release: Earnings Release: October 24, 2022 after close of market by public distribution and the Crane website at www.craneco.com . Tele...

Summary Gabelli Funds’ 13F portfolio value decreased from $15.22B to $13.02B this quarter. They increased NextEra Energy while decreasing Chevron. The top five positions are NextEra Energy, Microsoft, Alphabet, National Fuel Gas, and Mastercard, and they add up to ~7% o...