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Stock impact report

Crane Co. Reports First Quarter 2022 Results

Crane Holdings, Co. (CR) 
Last crane holdings, co. earnings: 4/27 05:01 pm Check Earnings Report
US:NYSE Investor Relations: ir.craneco.com
Company Research Source: Business Wire
First Quarter 2022 HighlightsGAAP 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 $1.57 in the first quarter of 2021.Core year-over-year sales growth of 5% and core year-over-year order growth of 12%.Completed previously announced $300 million share repurchase program.Signed an agreement to divest Crane Supply, the Company's Canadian distribution business.Adjusting GAAP EPS from continuing operations guidance to $6.35-$6.75 to reflect expected transaction related costs.Reiterating EPS from continuing operations guidance, excluding Special Items, of $7.00-$7.40. STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported first quarter 2022 financial results and reaffirmed its full-year 2022 outlook excluding Special Items.Max Mitc Show less Read more
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