Overview

* Crane Q2 sales rise 9.2% to $577.2 mln, beating analyst expectations, per LSEG data

* Adjusted EPS from continuing operations up 24%

* Co raises full-year adjusted EPS guidance to $5.50-$5.80

* Announced agreement to acquire Precision Sensors & Instrumentation onJune9

Outlook

* Crane raises full-year adjusted EPS outlook to $5.50-$5.80

* Company expects 2025 sales growth of approximately 6.5%

* Company projects net non-operating income of $4 mln

Result Drivers

* CORE SALES GROWTH - 6.5% core sales growth, contributed to overall sales increase

* AEROSPACE & ELECTRONICS STRENGTH - Segment showed strong core order and backlog growth, boosting results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $577.20 $567.70

mln mln (6

Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

* Wall Street's median 12-month price target for Crane Co ( CR ) is $200.00, about 4.6% above its July 25 closing price of $190.73

* The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 27 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.)