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Crane Company

Crane Company, together with its subsidiaries, engages in the manufacture and sale of engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in two segments, Aerospace & Advanced Technologies and Process Flow Technologies. 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 defense, and space applications and lubrication systems. The Process Flow Technologies segment provides process valves and related products, pumps and systems, and commercial valves; valve positioning and control systems, vacuum insulated pipe systems, and valve diagnostic and calibration systems; pumps and systems; and commercial valves. 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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Crane Q2 Revenue Tops Estimates on Aerospace Strength and Acquisitions

Crane reported second-quarter revenue of $724.7 million, beating analyst estimates and rising 25.6% year on year, driven by strong aerospace demand and faster-than-expected acquisition contributions. Adjusted earnings per share reached $1.79, exceeding the consensus of $1.67, while adjusted EBITDA came in at $165.6 million. Management raised full-year adjusted EPS guidance to $6.95 at the midpoint, citing robust execution and integration gains from the Panametrics, Druck, Reuter-Stokes, and optek deals. Organic revenue grew 5.2%, and the operating margin expanded to 19.9% from 17.8% a year earlier. Despite the beats, shares fell from $226.34 to $211.41, reflecting market caution about sustainability and a potentially softer fourth quarter.
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Crane Co Reports Record Q2 Sales, Raises Full-Year EPS Guidance

Crane Co delivered record second-quarter results with total sales up 26% year-over-year, including 5% core growth, and raised its full-year adjusted EPS guidance by $0.20 to a range of $6.85 to $7.05 per share. Adjusted operating profit increased 37%, and adjusted operating margin expanded 180 basis points to 21.3%. The Aerospace and Advanced Technologies segment posted sales of $339 million, up 31% with 13.3% core growth, while Process Flow Technologies sales rose 21% to $386 million despite a 1.4% core sales decline. Total backlog increased 5% sequentially, with Aerospace and Advanced Technologies backlog reaching nearly $1.3 billion, up 11% year-over-year. The company also repaid $100 million of debt in the quarter and an additional $90 million subsequently, bringing pro forma net leverage to about 1.2 times.
GuruFocus·28dRead more ▾
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Zacks Names Three Industrial Stocks Poised to Beat Earnings

Zacks Investment Research has identified Ingersoll Rand, RBC Bearings, and Crane Company as three industrial stocks likely to surpass earnings estimates this season. Ingersoll Rand holds an Earnings ESP of +0.61% and a Zacks Rank of 3 ahead of its July 30 report, with consensus revenue of $1.96 billion and earnings of 83 cents per share. RBC Bearings carries an Earnings ESP of +0.66% and a Zacks Rank of 2 before its July 31 release, with consensus revenue of $508.6 million and earnings of $3.42 per share. Crane Company shows an Earnings ESP of +4.73% and a Zacks Rank of 2 prior to its July 28 announcement, with consensus revenue of $706.1 million and earnings of $1.66 per share. The picks are based on Zacks' proprietary model combining positive Earnings ESP and a Zacks Rank of 1, 2, or 3, which historically yields a 70% earnings-beat probability.
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Crane to Report Q2 Earnings After Tuesday's Close

Industrial conglomerate Crane will report its quarterly earnings this Tuesday after the market closes. Last quarter, Crane beat analysts' revenue expectations with $696.4 million, a 24.9% year-on-year increase, alongside beats on EBITDA and EPS estimates. For the upcoming report, analysts expect revenue to grow 22.7% year-on-year, an acceleration from the 9.2% growth in the same quarter last year, and estimates have been largely reconfirmed over the past 30 days. Crane has missed Wall Street revenue estimates multiple times over the last two years. Among peers in the general industrial machinery segment, GE Aerospace posted 24.5% revenue growth and beat expectations by 6%, while 3M grew revenues 5.6% and beat by 1.5%. Crane shares are up 2.6% over the past month, heading into earnings with an average analyst price target of $230.30 against a current price of $226.14.
Yahoo Finance·30dRead more ▾
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Idex earnings expected to grow but Zacks model signals no clear beat

Idex is expected to report quarterly earnings of $2.10 per share on revenues of $902.43 million for the quarter ended June 2026, representing year-over-year growth of 1.5% and 4.3% respectively. The Zacks Earnings ESP for Idex stands at -0.67% with a Zacks Rank of #3, making it difficult to conclusively predict an earnings beat. Over the last four quarters, the company has beaten consensus EPS estimates each time. In the same industry, Crane is expected to post earnings of $1.66 per share on revenues of $706.06 million, with a positive Earnings ESP of +4.73% and a Zacks Rank of #2, suggesting a likely beat.
Zacks Investment Research·35dRead more ▾
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StockStory highlights Crane and Tradeweb Markets as mid-cap picks, flags Viavi Solutions as risky

StockStory identifies two mid-cap stocks with competitive advantages and one it considers risky. Crane, with a market cap of $11.78 billion, is noted for an exciting sales outlook calling for 19.1% growth and highly profitable incremental sales, as earnings per share increased by 21.8% annually over the last two years. Tradeweb Markets, valued at $21.08 billion, posted outstanding annual revenue growth of 23.4% over the past two years and earnings per share compounding at 23.5% annually. In contrast, Viavi Solutions, with a market cap of $12.31 billion, is flagged for muted 3.4% annual revenue growth over five years, flat earnings per share, and diminishing returns on capital.
Yahoo Finance·54dRead more ▾
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Crane Company Sets July 28 for Q2 2026 Earnings Release

Crane Company will release its second quarter 2026 earnings after market close on July 28, 2026. A teleconference hosted by President and CEO Alex Alcala and Executive Vice President and CFO Richard A. Maue will follow on July 29 at 10:00 AM Eastern. The call will be accessible in listen-only mode via the company's website, where an accompanying slide presentation and a web replay will also be available.
Business Wire·58dRead more ▾