Loading...
Crane reported a solid second quarter with revenue reaching $577.2 million, net income of $80.3 million, and adjusted EPS of $1.49. Aerospace & Electronics led the performance with substantial order growth and margin expansion.
Revenue increased to $577.2 million, supported by 6.5% core sales growth.
Adjusted EPS rose to $1.49, reflecting improved operational productivity.
Aerospace & Electronics backlog exceeded $1 billion for the first time.
Crane raised full-year adjusted EPS guidance to $5.50–$5.80.
Crane raised its full-year adjusted EPS guidance to $5.50–$5.80 based on strong performance and solid order backlog.