Crane Co

CR: XNYS (USA)
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Crane Earnings: Full-Year Guidance Raised on Solid Results and Growing Backlog

Crane's second-quarter adjusted EPS of $1.79 came in $0.12 above the FactSet consensus estimate. Core sales increased by 5.2% from the prior-year period, driven by 13.3% growth in aerospace and advanced technologies, which was partially offset by a 1.4% decline in process flow technologies.

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