financetom
Business
financetom
/
Business
/
Crane Likely to Report In-Line Q3 Results, Oppenheimer Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Crane Likely to Report In-Line Q3 Results, Oppenheimer Says
Oct 15, 2025 12:17 PM

02:48 PM EDT, 10/15/2025 (MT Newswires) -- Crane NXT ( CXT ) is expected to report in-line Q3 results when the industrial technology company reports its earnings on Nov. 5, Oppenheimer said in a Wednesday note.

For Q3, the Security and Authentication Technologies segment should post double-digit percentage growth on contribution from international currency and Crane Authentication, the report said.

The note said revenue from Crane Payment Innovations segment should improve sequentially thanks to a gaming rebound.

Oppenheimer further said that its outlook for 2026 has improved "meaningfully" on the back of major currency orders. For 2026, Oppenheimer estimated revenue growth of 7% to $1.7 billion.

Oppenheimer raised its price target to $80 from $70 while keeping its outperform rating.

Price: 67.24, Change: +0.34, Percent Change: +0.52

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Italy's Eni likely to finalise Enilive stake sale by year-end, CEO says
Italy's Eni likely to finalise Enilive stake sale by year-end, CEO says
Jun 24, 2024
(Corrects third paragraph to show that the 1.3 billion euros is for stakes in Enilive and Novamont, not only Enilive) ROME (Reuters) -Italian energy group Eni expects to complete the sale of a minority stake in its biofuel unit Enilive by the end of 2024, Chief Executive Claudio Descalzi said on Monday. The (sale) plan is in progress, there are still issues that...
EU can avoid Hungary block on Russian asset plan for Ukraine, Borrell says
EU can avoid Hungary block on Russian asset plan for Ukraine, Borrell says
Jun 24, 2024
June 24 (Reuters) - The European Union has found a way to use proceeds from frozen Russian assets to buy arms for Ukraine despite hold-ups from Hungary, EU foreign policy chief Josep Borrell said on Monday. EU governments agreed in May to use profits from the assets frozen inside the bloc to help Ukraine, with 90% of funds earmarked for...
Novo Nordisk's Bleeding Disorder Therapy Shows Superior Bleeding Rate Reduction in Phase 3 Study
Novo Nordisk's Bleeding Disorder Therapy Shows Superior Bleeding Rate Reduction in Phase 3 Study
Jun 24, 2024
04:57 AM EDT, 06/24/2024 (MT Newswires) -- Novo Nordisk A/S ( NVO ) said on Sunday that a phase 3 study of its experimental therapy, Mim8, showed superior reductions in annualized bleeding rate compared to on-demand and prior prophylaxis treatment in patients with hemophilia A. The company said patients with no prior prophylaxis treatment showed a reduction in the estimated...
Germany's Aareal to reap $2.1 bln gain in sale of Aareon to TPG consortium
Germany's Aareal to reap $2.1 bln gain in sale of Aareon to TPG consortium
Jun 24, 2024
FRANKFURT, June 24 (Reuters) - German property lender Aareal Bank will book a gain of around 2 billion euros ($2.14 billion) after it sells its tech unit Aareon to private equity firm TPG and investor CDPQ, it said in announcing the deal on Monday. Aareal, based in Germany but operating globally, said it would only realize the gain later this...
Copyright 2023-2026 - www.financetom.com All Rights Reserved