Crane Co. (CR) Tops Q3 EPS by 26c, Updates Guidance
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Crane Co. Reports Third Quarter 2020 Results
October 26, 2020 5:01 PM EDTHighlights from Third Quarter 2020 Results:
GAAP earnings per diluted share (EPS) of $0.97 compared to $1.19 in the third quarter of 2019. Excluding Special Items, EPS of $1.05 compared to $1.40 in the third quarter of 2019. Raising and narrowing 2020 GAAP EPS guidance range to $3.10-$3.35 from the prior range of $2.65-$3.45. Excluding Special Items, raising and narrowing 2020 EPS guidance range to $3.75-$4.00 from the prior range of $3.30-$4.10. Raising and narrowing 2020 free cash flow guidance range to $230-$260 million from the prior range of $200-$250 million (cash provided by operating activities less... More