Crane Co. (CR) Tops Q1 EPS by 3c, Lifts Low End of EPS Outlook
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Crane Co. Reports First Quarter Results
April 24, 2017 5:00 PM EDTFirst Quarter 2017 Highlights:
Earnings per diluted share (EPS) of $1.05 increased 13% compared to $0.93 in 2016. Sales of $673 million increased 2% compared to 2016, with core growth of 4%. Raising 2017 EPS guidance to a range of $4.35-$4.55 vs. prior range of $4.30-$4.55.STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported first quarter 2017 earnings of $1.05 per diluted share, compared to $0.93 per share in the first quarter of 2016.
First quarter 2017 sales were $673 million, up 2% compared to $660... More
