CR Stock Recent News

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BRIDGEVIEW, Ill.--(BUSINESS WIRE)--Manitex International, Inc. (NASDAQ: MNTX), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced a North American dealership agreement with Bruckner's Truck & Equipment (“Bruckner's”). Bruckner's will sell and support the full line of Manitex equipment solutions in selected markets through their network of 40 support center.

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Gorman-Rupp (GRC) or Crane (CR). But which of these two companies is the best option for those looking for undervalued stocks?

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Does Crane (CR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Crane Company (NYSE:CR ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Jason Feldman - Vice President, Treasury & Investor Relations Allison Poliniak - Senior Vice President of Investor Relations Max Mitchell - President & Chief Executive Officer Richard Maue - Executive Vice President & Chief Financial Officer Conference Call Participants Damian Karas - UBS Megan Makini - Deutsche Bank Matt Summerville - D.A. Davidson Nicholas Lipinski - Vertical Research Justin Ages - CJS Securities Jordan Lyonnais - Bank of America Adam Farley - Stifel George Bancroft - Gabelli Funds Operator Good day, and welcome to the Crane Company Second Quarter 2024 Earnings Conference Call.

Crane (CR) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.10 per share a year ago.

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the second quarter of 2024 and updated its full-year outlook. Max Mitchell, Crane's Chairman, President and Chief Executive Officer, stated: “Our Crane team delivered 18% adjusted EPS growth in the quarter, driven by 9% core sales growth and solid core operating leverage of 40%. Our results in the quarter reflect benefits from our strategic investments in growth and commercial excellenc.

Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024.

Crane (CR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.