Crane Co. increases 2024 EPS forecast to $5.05-$5.20 due to strong Q3 performance and 6% core sales growth.
Crane Company has raised its 2024 adjusted earnings per share (EPS) forecast to between $5.05 and $5.20, up from $4.95 to $5.15. This update follows a strong third quarter, with a 34% EPS growth attributed to a 6% increase in core sales. CEO Max Mitchell highlighted effective global operations and positive demand trends in key growth areas as drivers of this performance.
October 28, 2024
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