Crane Co
CR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&g | LOCK|&h | LOCK|lJYHs@ |
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.
