Crane: Q2 Earnings Snapshot
By AP News
Published - Jul 29, 2024, 07:09 PM ET
Last Updated - Jul 29, 2024, 07:09 PM EDT
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Crane Co. (CR) on Monday reported second-quarter earnings of $71.6 million.
The Stamford, Connecticut-based company said it had net income of $1.23 per share. Earnings, adjusted for one-time gains and costs, were $1.30 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The maker of aerospace, electronics and engineered industrial products posted revenue of $581.2 million in the period.
