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Crane Co expected to post earnings of $1.24 a share - Earnings Preview
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Crane Co <CR.N> expected to post earnings of $1.24 a share - Earnings Preview
  • Crane Co CR.N, CR is expected to show a rise in quarterly revenue when it reports results on July 29 for the period ending June 30 2024

  • The Stamford Connecticut-based company is expected to report a 11.5% increase in revenue to $568.289 million from $509.6 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Crane Co is for earnings of $1.24 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Crane Co is $160.00​, above​ its last closing price of $158.87. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2024

1.14

1.13

1.22

Beat

8.4

Dec. 31 2024

0.82

0.82

0.90

Beat

9.2

Sep. 30 2023

0.86

0.87

1.03

Beat

18.9​

Jan. 1 0001

0.93

0.93

1.10

Beat

18.1

​​Mar. 31 2023

0.87

0.85

1.25

Beat

47.6

This summary was machine generated July 26 at 22:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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