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Crane Co (CR.N)

CR.N on New York Stock Exchange

77.14USD
13 Dec 2018
Change (% chg)

$-1.03 (-1.32%)
Prev Close
$78.17
Open
$78.29
Day's High
$78.39
Day's Low
$77.02
Volume
164,816
Avg. Vol
99,818
52-wk High
$102.35
52-wk Low
$77.02

Latest Key Developments (Source: Significant Developments)

Crane Co Reports Q3 Earnings Per Share $1.62 Excluding Items
Tuesday, 23 Oct 2018 

Oct 22 (Reuters) - Crane Co ::CRANE CO. REPORTS 2018 THIRD QUARTER RESULTS AND RAISES FULL-YEAR EPS GUIDANCE.SEES FY 2018 EARNINGS PER SHARE $5.80 TO $5.90 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $1.62 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $1.59.Q3 SALES $856 MILLION VERSUS I/B/E/S VIEW $856 MILLION.Q3 EARNINGS PER SHARE VIEW $1.46 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 GAAP EARNINGS PER SHARE $5.20 TO $5.30.REVISING 2018 FREE CASH FLOW GUIDANCE TO $260-$290 MILLION VERSUS. PRIOR RANGE OF $250-$280 MILLION.FLUID HANDLING ORDER BACKLOG WAS $298 MILLION AT SEPTEMBER 30, 2018.AEROSPACE & ELECTRONICS ORDER BACKLOG WAS $445 MILLION AT SEPT 30, 2018.  Full Article

Crane Co Reports Q2 Earnings Per Share $1.41 Excluding Items
Tuesday, 24 Jul 2018 

July 23 (Reuters) - Crane Co ::CRANE CO. REPORTS SECOND QUARTER RESULTS AND RAISES 2018 EPS GUIDANCE.CRANE CO <<>> Q2 SHR $1.41 EXCLUDING ITEMS.CRANE CO <<>> Q2 SHR $1.32.CRANE CO <<>> Q2 SALES $851 MLN VS I/B/E/S VIEW $834.4 MLN.CRANE CO <<>> SEES FY 2018 SHR $5.60 TO $5.80 EXCLUDING ITEMS.CRANE CO <<>> Q2 SHR VIEW $1.35 -- THOMSON REUTERS I/B/E/S.CRANE CO <<>> SEES FY 2018 GAAP SHR $4.90 TO $5.10.CRANE CO - RAISING 2018 GAAP EPS GUIDANCE.CRANE CO - FULL YEAR 2018 FREE CASH FLOW IS NOW EXPECTED TO BE IN A RANGE OF $250 MLN TO $280 MLN.CRANE CO <<>> FY2018 SHR VIEW $5.62, REV VIEW $3.36 BLN -- THOMSON REUTERS I/B/E/S.CRANE CO - "TO DATE, WE ARE TRACKING AHEAD OF THE MIDPOINT OF OUR PREVIOUSLY ISSUED GUIDANCE" .  Full Article

Crane Co Q1 Earnings Per Share $1.31 Excluding Items
Tuesday, 24 Apr 2018 

April 23 (Reuters) - Crane Co ::REPORTS FIRST QUARTER RESULTS AND RAISES 2018 EPS GUIDANCE.SEES FY 2018 EARNINGS PER SHARE $5.45 TO $5.65 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $1.31 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $1.13.Q1 SALES $799 MILLION VERSUS I/B/E/S VIEW $802.6 MILLION.Q1 EARNINGS PER SHARE VIEW $1.26 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 GAAP EARNINGS PER SHARE $4.75 TO $4.95.REVISING 2018 FREE CASH FLOW GUIDANCE TO $240-$270 MILLION VERSUS. PRIOR RANGE OF $220-$250 MILLION.FY2018 EARNINGS PER SHARE VIEW $5.52 -- THOMSON REUTERS I/B/E/S.FLUID HANDLING ORDER BACKLOG WAS $281 MILLION AT MARCH 31, 2018, $262 MILLION AT DECEMBER 31, 2017.AEROSPACE & ELECTRONICS ORDER BACKLOG WAS $381 MILLION AT MARCH 31, 2018, $374 MILLION AT DECEMBER 31, 2017.  Full Article

Crane Co Says Entered $550 Million 5-Year Revolving Credit Agreement
Friday, 22 Dec 2017 

Dec 21 (Reuters) - Crane Co ::CRANE CO SAYS ENTERED $550 MILLION 5-YEAR REVOLVING CREDIT AGREEMENT - SEC FILING.CRANE CO - NEW REVOLVING CREDIT AGREEMENT REPLACES EXISTING $500 MILLION REVOLVING CREDIT FACILITY.  Full Article

Crane Co Says If Merger Deal Terminated Under Certain Circumstances, Crane & Co Inc To Pay Co Termination Fee Of $36 Mln
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Crane Co ::CRANE CO SAYS IF MERGER DEAL TERMINATED UNDER CERTAIN CIRCUMSTANCES, CRANE & CO INC TO PAY CO TERMINATION FEE OF $36 MILLION - SEC FILING.  Full Article

Diversified Industrial Crane Co. To Acquire Crane & Co Inc For $800 Million
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Crane Co ::DIVERSIFIED INDUSTRIAL CRANE CO. TO ACQUIRE BOSTON-BASED CRANE & CO., INC. (“CRANE CURRENCY”) FOR $800 MILLION.- INITIAL 2018 EARNINGS GUIDANCE IS $4.85-$5.05 PER DILUTED SHARE, EXCLUDING ANY POTENTIAL IMPACT FROM PENDING ACQUISITION OF CRANE CURRENCY.- ACQUISITION EXPECTED TO BE ACCRETIVE TO EPS BY $0.15 IN FIRST FULL YEAR POST-CLOSING, INCREASING TO ABOUT $1.00 BY 2021.- 2018 OUTLOOK INCLUDES A CORE SALES GROWTH ASSUMPTION OF +2% TO +4%.- EXPECT 2017 EARNINGS OF $4.38-$4.48 PER DILUTED SHARE.- EXCLUDING TRANSACTION RELATED CHARGES, CONTINUE TO EXPECT 2017 EARNINGS OF $4.45-$4.55 PER DILUTED SHARE.FY2017 EARNINGS PER SHARE VIEW $4.52 -- THOMSON REUTERS I/B/E/S.- INTENDS TO FINANCE ACQUISITION THROUGH A COMBINATION OF CASH ON HAND AND ADDITIONAL DEBT.- WITH THE ACQUISITION, CO EXPECTS TO DELIVER GREATER THAN 10% ADJUSTED EPS GROWTH FOR NEXT SEVERAL YEARS.- TO BUY CRANE CURRENCY FROM PRIVATE EQUITY FIRM LINDSAY GOLDBERG, MEMBERS OF CRANE FAMILY, AND OTHER SHAREHOLDERS.FY2018 EARNINGS PER SHARE VIEW $5.03 -- THOMSON REUTERS I/B/E/S.  Full Article

Crane Co reports Q3 earnings per share $1.13
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Crane Co ::Crane Co reports third quarter results and raises full-year guidance.Q3 earnings per share $1.13.Q3 sales $696 million versus I/B/E/S view $681.5 million.Q3 earnings per share view $1.10 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $4.45 to $4.55 excluding items.Sees FY 2017 GAAP earnings per share $4.41 to $4.51.Crane Co - ‍fluid handling order backlog was $269 million at September 30, 2017, compared to $228 million at December 31, 2016​.Crane co - ‍aerospace & electronics order backlog was $348 million at September 30, 2017, compared to $328 million at June 30, 2017.  Full Article

UPDATE 1-Russia's only aircraft carrier damaged after crane falls on it

* One person missing, four receiving medical treatment (Adds detail, quotes on damage)