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Crane Q1 2024 Earnings Report

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$155.88 +2.84 (+1.86%)
(As of 12/24/2024 04:45 PM ET)

Crane EPS Results

Actual EPS
$1.22
Consensus EPS
$1.12
Beat/Miss
Beat by +$0.10
One Year Ago EPS
$1.25

Crane Revenue Results

Actual Revenue
$565.30 million
Expected Revenue
$546.39 million
Beat/Miss
Beat by +$18.91 million
YoY Revenue Growth
+10.00%

Crane Announcement Details

Quarter
Q1 2024
Time
After Market Closes

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Crane Earnings Headlines

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About Crane

Crane (NYSE:CR) Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for commercial aircraft and fighter jets, power conversion solutions for spacecraft, and lubrication systems. The Process Flow Technologies segment provides engineered fluid handling equipment for mission-critical applications. It offers process valves and related products, such as lined pipe, fittings and hoses, air-operated diaphragm and peristaltic pumps, instrumentation and sampling systems, valve positioning and control systems, and valve diagnostic and calibration systems; commercial valves; and pumps and systems. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, as well as in commercial and industrial building applications. This segment sells directly to RV, trailer, and truck manufacturers, as well as through distributors and retailers. The company provides its products and solutions to end markets, including commercial and military aerospace, defense, and space; chemical and pharmaceutical production; water and wastewater; non-residential and municipal construction; energy; and other general industrial and consumer-related applications. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.

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