Crane: Q1 Earnings Snapshot
Crane Co. (CR) on Wednesday reported earnings of $61.8 million in its first quarter
By AP News
Published - May 10, 2023, 06:10 PM ET
Last Updated - Apr 05, 2024, 03:38 PM EDT
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Crane Co. (CR) on Wednesday reported earnings of $61.8 million in its first quarter.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $1.08. Earnings, adjusted for non-recurring costs, were $1.25 per share.
The maker of aerospace, electronics and engineered industrial products posted revenue of $513.8 million in the period.
Crane expects full-year earnings in the range of $3.60 to $3.90 per share.
