Crane Co. (CR) Tops Q2 EPS by 45c, Offers FY Guidance
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Crane Co. Reports Second Quarter 2021 Results and Raises 2021 EPS Guidance
July 26, 2021 5:01 PM EDTSecond Quarter 2021 Highlights
GAAP earnings from continuing operations per diluted share (EPS) of $1.87 compared to $0.23 in the second quarter of 2020. Excluding Special Items, record EPS from continuing operations of $1.83 increased 205% compared to $0.60 in the second quarter of 2020. Core year-over-year sales growth of 19% and core year-over-year order growth of 45%. Raising GAAP EPS from continuing operations guidance to $6.05-$6.25, from $5.75-$5.95. Raising EPS from continuing operations guidance, excluding Special Items, to $5.95-$6.15, from $5.65-$5.85.STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of... More
