Crane Co. (NYSE: CR) reported Q2 EPS of $1.79. Revenue for the quarter came in at $724.7 million versus the consensus estimate of $616.6 million.

GUIDANCE:

Crane Co. sees FY2026 EPS of $6.85-$7.05, versus the consensus of $6.83.

Key assumptions for our guidance:

Total sales are now expected to grow in the mid-20% range, up from our prior guidance of low-to-mid-20%, driven by acquisitions and core sales growth of 5-6%, which is now expected to be at the high end of our prior 4-6% guidance range.
Adjusted segment operating margin of 23.0%+, up from our prior view of ~23.0%.
Corporate cost of approximately $80-$85 million.
Net non-operating expense of approximately $58 million.
Adjusted tax rate of approximately 23.0%.
Diluted shares of ~59 million.

For earnings history and earnings-related data on Crane Co. (CR) click here.