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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.
Does Crane (CR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Crane (CR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Crane (CR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Crane's strategic pivot has gotten Wall Street's attention, with strong price performance since the fall of 2023. Management is repositioning the Process Flow business toward higher-growth opportunities in markets like LNG, hydrogen, pharma, and automation, while using price and mix to drive better margins. Crane's platform-agnostic design philosophy gives it operating flexibility without compromising strong leverage to commercial and defense growth over the next decade.
WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.
We have narrowed our search to five old economy stocks that have provided handsome returns year to date. These are: GS, WFC, IR, CR, WMT.
Investors interested in stocks from the Manufacturing - General Industrial sector have probably already heard of Luxfer (LXFR) and Crane (CR). But which of these two stocks presents investors with the better value opportunity right now?