05:05 PM EDT, 07/29/2024 (MT Newswires) -- Crane (CR) reported late Monday Q2 adjusted earnings of $1.30 per share, up from $1.10 a year earlier.

Analysts polled by Capital IQ expected $1.24.

Net sales for the quarter ended June 30 were $581.2 million, up from $509.6 million a year earlier.

Four analysts expected $568.3 million.

The company said it raised the midpoint of its full-year 2024 adjusted EPS guidance by $0.15 and narrowed the adjusted EPS outlook to a range of $4.95 to $5.15, from the previous range of $4.75 to $5.05. Analysts polled by Capital IQ expect normalized EPS of $5.01.

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