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AlphaStar Capital Management LLC trimmed its position in Crane (NYSE:CR – Free Report) by 2.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,351 shares of the conglomerate’s stock after selling 839 shares during the quarter. AlphaStar Capital […]
Crane (NYSE:CR – Get Free Report) has received a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that […]
Operator: Greetings. Welcome to Crane Company's Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.
Crane (NYSE:CR – Get Free Report) released its earnings results on Monday. The conglomerate reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.16, Briefing.com reports. The firm had revenue of $530.10 million for the quarter, compared to analysts’ expectations of $509.32 million. Crane had a return on equity of 24.45% […]
Third Quarter 2023 Highlights Earnings from continuing operations per diluted share of $0.96 and adjusted EPS of $1.03. Core year-over-year sales growth of 9% and core year-over-year backlog...