- Crane press release ( NYSE: CR ): Q2 Non-GAAP EPS of $1.90 beats by $0.09 .
- Revenue of $864.3M (+1.0% Y/Y) beats by $43.23M .
- 2022 Guidance : "We are adjusting our full year 2022 GAAP EPS guidance to $9.80-$10.20, from $6.80-$7.20, primarily to reflect the second quarter $3.58 after-tax gain on the sale of Crane Supply. Excluding Special Items, full year 2022 EPS guidance remains $7.45-$7.85 ( vs. consensus of $7.74 )," the company statement.
- 2022 Free Cash Flow (cash provided by operating activities less capital spending) to be between $350-$390 million, excluding cash flow items related to 2022 portfolio actions.
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Crane Non-GAAP EPS of $1.90 beats by $0.09, revenue of $864.3M beats by $43.23M