CR News and Press, Crane Co. From 04/25/22

Crane (NYSE:CR) to divest Crane Supply, the Company's Canadian distribution business for CAD 380M "This decision further demonstrates our commitment to reshaping and restructuring our portfolio to accelerate growth, building on our prior announcement to divest Engineered Materials. The Crane ...

Crane press release (NYSE:CR): Q1 GAAP EPS of $1.64. Revenue of $801M (+2.7% Y/Y). Q1 EPS OF $1.81 of excluding special item. Adjusting GAAP EPS $6.35-$6.75 to reflect expected transaction related costs. EPS for excluding special item of $7.00-$7.40. For further details see: Crane ...

Crane (NYSE:CR) declares $0.47/share quarterly dividend, in line with previous. Forward yield 1.79% Payable June 8; for shareholders of record May 31; ex-div May 27. See CR Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Crane declares $0.47 dividend

First Quarter 2022 Highlights GAAP earnings from continuing operations per diluted share (EPS) of $1.64 compared to $1.75 in the first quarter of 2021. Excluding Special Items, record EPS from continuing operations ("adjusted EPS") of $1.81 increased 15% compared to $1...

Crane (NYSE:CR) Q1 consensus EPS estimate is $1.68 (+1.2% y/y) and consensus revenue estimate is $800.76M (-3.9% y/y). Over the last 2 years, CR has beaten EPS estimates 75% of the time and revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 1 upward revisi...

Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2022 earnings release: Earnings Release: April 25, 2022 after close of market by public distribution and the Crane Co. website at www.craneco.com . Teleconferen...

Flowserve (NYSE:FLS) rose almost 1% after some speculation earlier that the the company could attract an activist, especially after news that its flow control Peer Crane (CR) was separating into two companies. Flowserve could be viewed as an activist candidate due to the company's l...

Crane (NYSE:CR) +1.7% pre-market after its board approved a plan to separate into two independent, publicly-traded companies. Crane Co. will retain the aerospace and electronics business as well as its process-flow technologies unit, while the payment and merchandising technologies busin...

Tax-Free Spin-Off Creates Two Optimized, Technology-Driven Companies with Strong Financial Profiles and Operating Metrics Payment and Merchandising Technologies Business to Become “Crane NXT” Aerospace & Electronics and Process Flow Technolo...

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