Overview

* Crane NXT ( CXT ) Q2 sales rise 9% yr/yr to $404 mln, missing analyst expectations

* Adjusted EPS of $0.97 beats analyst expectations, per LSEG data

* Co maintains full-year EPS guidance of $4.00 to $4.30

Outlook

* Company maintains full-year EPS guidance of $4.00 to $4.30

* Crane NXT ( CXT ) expects 2025 sales growth of 6% to 8%

* CPI sales expected to decline 2% to 0% in 2025

* SAT sales growth projected at 19% to 21% for 2025

Result Drivers

* ACQUISITIONS - Sales growth primarily driven by OpSec Security and De La Rue Authentication Solutions acquisitions, contributing $26.7 mln

* FOREIGN EXCHANGE - Favorable foreign exchange impacts added $10.1 mln to sales

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $404 mln $410.40

Revenue mln (7

Analysts

)

Q2 Beat $0.97 $0.95 (6

Adjusted Analysts

EPS )

Q2 EPS $0.43

Q2 21.2%

Adjusted

Operatin

g Income

Margin

Q2 11.8%

Operatin

g Income

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the electrical components & equipment peer group is "buy"

* Wall Street's median 12-month price target for Crane NXT Co ( CXT ) is $81.00, about 29.2% above its August 5 closing price of $57.32

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)